Apr 6th 2012 12:45PM
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 said that... Continue Reading »
Feb 22nd 2012 10:05AM
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 by the... Continue Reading »
Dec 24th 2010 9:00AM
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 mortgage giants... Continue Reading »
Aug 30th 2010 5:51PM
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. Now I'd... Continue Reading »
Aug 18th 2010 2:25PM
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 all agreed... Continue Reading »
