Freddie Mac and Fannie mae are having their issues right now.

They are quasi-governmental institutions that have been packaging and selling loans to the secondary market for years.

Their current underwriting standards are practically the same except for non-occupant co-borrowers and some deviations in condo approvals.

Why not make them one?  It could save their bailout by billions and make the markets more competitive.

The other ideas that are floating around are to have the brokerage houses do their own deals direct under guidelines set by HUD or another federal agency and have the feds back the paper a la FHA or VA to give the paper

credibility

Your thoughts?  Send them to info@freddiemae.com and we will post the best ideas!