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Housing Finance Reform: The Risk of Being Fooled Twice

BIZCATALYST 360°
BY BIZCATALYST 360°

In 1992 Congress enacted a bill to regulate Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac. Called the “Federal Housing Enterprises Financial Safety and Soundness Act” (the Safety and Soundness Act), its ostensible goal was to protect taxpayers.

via Housing finance reform: Fool me once, shame on you; fool me twice, shame on me – Economics – AEI.

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