Tag: GSEs

  • Why You May Miss Fannie Mae and Freddie Mac

    Why You May Miss Fannie Mae and Freddie Mac

    A majority of Americans want government-sponsored mortgage giants Fannie Mae and Freddie Mac to relinquish their role as the twin guarantors of a majority of U.S. mortgages, according to a new poll. The online poll, conducted by real estate news website, HousingPredictor, found that 72 percent of respondents... Continue Reading

  • FHFA Plan for Government Lenders Could Hike Loan Cost

    FHFA Plan for Government Lenders Could Hike Loan Cost

    WASHINGTON -- The government regulator for Fannie Mae and Freddie Mac has submitted a plan to Congress that would shrink the mortgage giants' roles in the housing market. The Federal Housing Finance Agency's proposal for a leaner Fannie and Freddie was released Tuesday and would mean fewer mortgages are backed... Continue Reading

  • The Rise and Fall of Fannie Mae: A Timeline

    The Rise and Fall of Fannie Mae: A Timeline

    Fannie Mae and Freddie Mac were in the news a lot this year. For starters, there was the presidential summit in August, to solicit ideas for what to do with the ailing government-sponsored enterprises (GSEs for short). That was followed by midterm-election wrangling over whether to replace the struggling... Continue Reading

  • What Comes After the Future of Housing?

    What Comes After the Future of Housing?

    In my previous article I outlined some of the now historical flaws in the housing finance system as discussed by certain panelists at the recent Future of Housing Finance Conference in Washington, specifically the misalignment of objectives within Fannie Mae and Freddie Mac, which led to their systemic failure.... Continue Reading

  • Fannie Mae, Freddie Mac Don't Work

    Fannie Mae, Freddie Mac Don't Work

    At yesterday's Conference on the Future of Housing Finance in Washington, each panelist was asked what they would change and what would they preserve regarding the government's ongoing role in the housing sector? Their prepared responses offered the expected spectrum, from lip service to real substance. But... Continue Reading

  • LIVE: What's a GSE? Fannie Mae, Freddie Mac Weren't the First

    LIVE: What's a GSE? Fannie Mae, Freddie Mac Weren't the First

    While the Treasury Department hosts today's conference about the future of the GSEs Fannie Mae and Freddie Mac, you may be wondering what is a GSE and how did we get into this mess in the first place? For more conference-related coverage from AOL Real Estate, read these columns by housing experts Alyssa Katz,... Continue Reading

  • Showtime for Fannie and Freddie

    Showtime for Fannie and Freddie

    They're just starting now? More than a year ago, the Obama administration promised to lay out the future for Fannie Mae and Freddie Mac, the two mortgage finance enterprises the U.S. government took over in 2008, after massive losses and a shareholder stampede to sell left them insolvent. Today, Treasury... Continue Reading