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House Market Reached Bottom?!?

URGENT: Fannie Mae CEO Uncertain Of Housing Bottom

Fannie Mae isn’t sure that housing is out of the woods….and lets be 100% honest…FANNIE MAE would know.
Remember, almost 100% of ALL new mortgages are backed by Fannie or Freddie.
Why is Fannie Mae concerned that housing may not have hit bottom..and more depreciation could happen? Simple, 19,000,000 (according to our friends at Zillow) underwater mortgages.

Click on the link to read more and watch video: