Fannie and Freddie are the hot topic of late of course, the general concensus I hear (and also believe) is that nobody should bail them out.  I think if we leave the housing market alone it will fix itself. In fact the biggest problem I see right now and on the horizon is the banks inability to implement a speedy and efficient process for selling the homes currently in “short sale” status. Because the banks have made such a mess of the process, agents are refusing to bring buyers to these types of homes and they are sitting stagnent on the market.  This is information is based on the Shirmeyer Rate Market Report, which is published by Sigma Research.