Print Page - Fannie and Freddie on the way out?

Title: Fannie and Freddie on the way out?
Post by: DGuller on June 04, 2013, 02:40:06 AM

http://www.bloomberg.com/news/2013-06-03/senators-near-plan-to-abolish-fannie-mae-shrink-government-role.html

This sounds like a very good thing. Those GSEs had to be one of the biggest distorting abominations that blighted our economy. What's the catch?

Title: Re: Fannie and Freddie on the way out?
Post by: CountDeMoney on June 04, 2013, 02:43:37 AM

Quoteand replace them with a government reinsurer of mortgage securities behind private capital.

What could happen.

Languish.org

General Category => Off the Record => Topic started by: DGuller on June 04, 2013, 02:40:06 AM