Industry NewsMortgage

Fannie-Freddie rescue averted collapse

News analysis: Data shows private MBS drop-off
Published on Sep 22, 2008

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by CareyBot

New data shows that if the U.S. government had not rescued Fannie Mae and Freddie Mac, the secondary mortgage market would have collapsed, leaving the housing market in worse shape with a virtual halt on mortgage lending. In the last ...

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