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	<title>Obsolete Certainty &#187; Freddie Mac</title>
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	<description>Following a world full of uncertainty.</description>
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		<title>Fannie and Freddie. Where is the Outrage?</title>
		<link>http://obsoletecertainty.com/fannie-and-freddie-where-is-the-outrage/</link>
		<comments>http://obsoletecertainty.com/fannie-and-freddie-where-is-the-outrage/#comments</comments>
		<pubDate>Tue, 07 Apr 2009 09:10:13 +0000</pubDate>
		<dc:creator>O.C.</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[executive bonus]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[Wall Street]]></category>

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		<description><![CDATA[It seems that AIG isn&#8217;t the only financial giant that is paying large executive bonuses after being bailed out by the U.S. Taxpayer.  Both Fannie Mae and Freddie Mac, the giant mortgage agencies, are reportedly set to pay over $210 million in bonuses over the next 18 months. However, absent this time are the steady [...]]]></description>
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		<title>Freddie Reports Loss</title>
		<link>http://obsoletecertainty.com/freddie-reports-loss/</link>
		<comments>http://obsoletecertainty.com/freddie-reports-loss/#comments</comments>
		<pubDate>Wed, 06 Aug 2008 10:35:58 +0000</pubDate>
		<dc:creator>O.C.</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[mortgage meltdown]]></category>

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		<description><![CDATA[The mortgage meltdown continues as Freddie Mac reported a worse than expected loss in the second quarter driven by a $2.5 billion dollar provision for loan losses.  The second quarter loss of $821 million or $1.63 a share was significantly worse than analyst expectations.  Freddie will now cut the third quarter dividend and continue to [...]]]></description>
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