1 Articles match "Course","Sales","UBS"

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Long-Term Solution for Fannie and Freddie Dilemma
If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression. 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.
www.realtytrac.com - Tuesday, February 3, 2009
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  • The Best from RealtyTrac MORE
  • Long-Term Solution for Fannie and Freddie Dilemma
    If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression. 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.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE