Future of Fannie, Freddie in question 
Roadmap to Recovery: Raging debate over GSEs' role in meltdown
By Matt Carter, Wednesday, December 10, 2008.It's a debate that could rage for years: were Fannie Mae and Freddie Mac catalysts for the housing meltdown and financial crisis, or victims of a boom-bust cycle they couldn't have foreseen?
The prevailing views on the topic could help decide whether Fannie and Freddie -- placed into government conservatorship in September -- will be rehabilitated or allowed to go the way of the dinosaur.
Republican presidential candidate Sen. John McCain is among those who see Fannie and Freddie as catalysts -- "the match that started this forest fire."
more...
Premium Member account.
Premium Members have full access to all news archives & premium content.
Purchase Premium+ Membership for $99/year OR
Premium Membership for $49/year
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.
