Now the Treasury Secretary is expected Sunday to announce a plan to take Fannie Mae and Freddie Mac under government control.The mortgage giants are expected to be placed under a "conservatorship" of their new regulator, the Federal Housing Finance Agency.

I've been a graphic designer/creative director in design shops and ad agencies for almost 20 years and am looking to make the switch to a different career path.

http://www.huffingtonpost.com/2008/09/22/dirty-secret-of-the-bailo_n_128294.htmlDirty Secret Of The Bailout: Thirty-Two Words That None Dare UtterDecisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.more at linkofgift

Goverment agencies are constantly "Taking Land Value" from properties when they add little bits of requirements that need to be met for each new development.

If you consent to a short sale, the seasoning period for you to qualify for another Agency (Fannie/Freddie) loan is two years vs. five years for foreclosure.

It was not too long ago that the concept of "Jingle Mail" was on the list of the "horribly unethical", and now it is mainstream; it is now accepted as just "A BUSINESS DECISION."

A great article... thanks Dan.It sure does fill in some of the gaps, since the "mainstream media" is telling us NOTHING.I particularly liked these two paragraphs:"What terrifies me … what wakes me in a cold sweat … is that the single most corrupt, inefficient, incompetent and idiotic institution on face of the planet is now trying to “fix†the problem.And that especially frightens me because, the closer I examine the roots of this crisis, the clearer it becomes that it was engineered almost entirely by the very bumbling buffoons who are now charged with ending it: The U.S. government."

Would you ever send an amount of rent due to a collection agency?

THEN I realized there was much more to it than a seller signing a listing agreememt, and an agent submitting it to the multiple listing agency.

I try to stay clear of the blogs and the radicals, although some would say that is what the mainstream press has become.