Last week, I argued against Congressional proposals to “get government out of housing” by killing government backed mortgage firms Fannie Mae and Freddie Mac. Now comes fresh evidence that buttresses my view that the private sector just isn’t ready to take up the slack if the two mortgage giants are eliminated.
Related articles
- Fannie Mae And Freddie Mac Could Cause Next Crisis: Paulson (valuewalk.com)
- No Fannie or Freddie means adios, 30-year mortgage (agbeat.com)
