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Tag Archives: GSE
Fannie and Freddie Taken Over
Redstate A good description of what just happened to Fannie Mae and Freddie Mac and some reasons why. This made me laugh. “If we were in China, they’d probably have “committed suicide” with bullets inexplicably entering the backs of their … Continue reading
Posted in Around the Web, Economics, MikeR's Page
Tagged China, Chinese, Fannie Mae, finance, Freddie Mac, government interventioin, GSE, mortages markets, mortgage crisis, nationalization, RedState, suicide
2 Comments
How big a mess are we in?
Certainly not one our Congress can’t make worse. We have a market where housing prices are in free fall, where the last thing we want shaky institutions to have more exposure to is mortgages that are almost guaranteed to be … Continue reading
Posted in Domestic Politics, Economics, Lance's Page
Tagged congress, Democrats, GSE, housing market
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