Economic Impact of Fannie Mae and Freddie Mac Government Takeover
Wealth coach and best-selling author William R. Patterson appears on CBS Radio Talk 1580 to discuss how the government takeover of Fannie Mae and Freddie Mac will affect investors and home buyers.
William provides a fresh, highly- effective road map to financial and entrepreneurial success. Learn ways to protect your finances, generate multiple streams of income, and dramatically accelerate your path to wealth.
This week's show topics:
How the government takeover of Fannie Mae and Freddie Mac will affect investors and home buyers
States hardest hit by nation-wide foreclosure crisis and the historic opportunities for investors
Home prices have dropped by more than 14% on average and substantially more in many major metropolitan areas
Number of American homeowners with late mortgages or homes in foreclosure hits record high of 9%
Number of American homeowners with subprime Adjustable Rate Mortgages (ARM) in default hits record high of 21%