Posts Tagged ‘bailout’
FHFA Structural Changes
FHFA structural changes to Release GSE’s from Conservatorship Mortgages. Love ‘em or hate ‘em, but unless you have incredible liquidity, you need a mortgage to buy a home. In 2008, because so many Americans had begun using their homes as their personal ATM, the financial industry was destabilized, and Fannie Mae and Freddie Mac went…
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