It's hard to imagine that there will be a move towards yanking that guarantee, or weakening the implied guarantee, because it just makes too much sense for the average U.S. citizen. Their benefit is they save money on the mortgage rate because of Fannie and Freddie's status, but bear the risk of either or both of these businesses going bankrupt. The odds of that are so small that the benefit, in my view, greatly outweighs the cost, and it's hard to see Congress changing that story. And Fannie and Freddie's debt is the really the cheapest form of debt outside of Treasury debt.
- Gary Gordon Visit FamousQuotes.com for more inspirational quotes
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You've got to find what you love.Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven't found it yet, keep looking. And don't settle. - Steve Jobs Visit FamousQuotes.com for more inspirational quotes
If you cannot do great things, do small things in a great way. - Napoleon Hill Visit FamousQuotes.com for more inspirational quotes
Take the first step in faith. You don't have to see the whole staircase, just take the first step. - Martin Luther King Jr. Visit FamousQuotes.com for more inspirational quotes