Tag Archives: GSE. mortgage defaults

Why Doesn’t Government Want Fannie, Freddie to Succeed?

The Mortgage Corner At a time when the housing market is just beginning to recover, the US Treasury wants to close down Fannie Mae and Freddie Mac, the two GSEntities under government conservatorship. Counselor to the Secretary for Housing Finance … Continue reading

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Losing Fannie and Freddie—A Terrible Idea

Financial FAQs There was a reason Fannie Mae (Federal National Mortgage Association) and Freddy Mac (Federal Home loan Mortgage Corporation) were government created entities, before they became private corporations in the 1970s.  They encouraged homeownership at a time when owning … Continue reading

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