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Fannie Mae and Freddie Mac Team Up

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  • Description

    FBN's Dennis Kneale breaks down mid-afternoon market news.

  • Duration 0:57
  • Date

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Feel put your Fox Business -- pick up big day for the markets what the blue chips hitting an all time high and blowing past there.

Right now the Dow up 149 and 141000.

To 77.

Now bailed out in government owned Fannie Mae and Freddie Mac.

Teaming up at a joint company venture for overseeing home loans the first step -- shrinking the government's role in mortgage finance.

The new company would merge Fannie and Freddie bond units and will be a separate entity spun off from those to ban same day delivery failing to lure online shoppers.

A survey from Boston Consulting Group says one of the hottest e-commerce friends is too expensive for most Americans.

What I thought would get them to shop online more.

Nearly 75% surveyed said free delivery thank you Amazon and that is the latest from Fox Business Network.

Giving you.

The power to prosper.

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