4 ms·

Housing bout to get wild

• rwbt 1y ago
  How exactly?
  • jedberg 1y ago
    Fannie and Freddie are supposed to be there to stabilizing home lending rates. If they are public and have a profit motive, then their mission changes to profitability over stability.
    • UncleOxidant 1y ago
      Weren't they public before the '08 GFC?
      • deleted 1y ago
        [deleted]
      • jedberg 1y ago
        Yes. But their mission was still stability. This time around my understanding is that their charter will change.
      • stonogo 1y ago
        Yep. How'd that work out?