Articles About House Financial Services Subcommittee

Author:
James I. Clark III
Posted:
02.23.2011

Goodbye to Fannie and Freddie

The Obama administration and the Treasury Department have decided that Fannie Mae and Freddie Mac — the public-private housing finance model in place for the past four decades – will come to an end, although they pledged to continue backing the agencies’ existing obligations. “The GSE (government-sponsored enterprise) model is dead,” an Obama administration official […]

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