Fannie and Freddie Bailout Official

This week's important news about the Fannie Mae and Freddie Mac bailout requires some lender expertise and further explanation. Donna Pacchini, of Pan American Mortgage, has been kind enough to share some of her insights with OC Real Estate Voice readers. Well, it happened.  In case you haven’t heard the news, Fannie and Freddie were bailed out by the Federal Government over the weekend.   I’m not going to go over all of the details but just try to hit some “high points.” …