1 Articles match "Course","New York","UBS"
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Long-Term Solution for Fannie and Freddie Dilemma
The huge problems at Fannie Mae and Freddie Mac were supposed to be resolved with new management and revamped accounting, but no resolution could revolve a basic issue: Private mortgage buyers are always at a disadvantage when competing against Fannie Mae and Freddie Mac. The same principle, of course, can apply to other special benefits now reserved for GSEs." While nationalization will harm innocent Fannie Mae and Freddie shareholders, privatization would force the GSEs to act competitively, just like any company. Long-Term Solution for Fannie and Freddie Dilemma By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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MORE
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Long-Term Solution for Fannie and Freddie Dilemma
The huge problems at Fannie Mae and Freddie Mac were supposed to be resolved with new management and revamped accounting, but no resolution could revolve a basic issue: Private mortgage buyers are always at a disadvantage when competing against Fannie Mae and Freddie Mac. The same principle, of course, can apply to other special benefits now reserved for GSEs." While nationalization will harm innocent Fannie Mae and Freddie shareholders, privatization would force the GSEs to act competitively, just like any company. Long-Term Solution for Fannie and Freddie Dilemma By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009