1 Articles match "Credit","New York","UBS"
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Long-Term Solution for Fannie and Freddie Dilemma
billion direct line of credit with the U.S. 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. If you believe in free markets and fair competition, the GSEs are a poke in the eye. "As long as Fannie and Freddies debt is backed by the full faith and credit of the U.S. Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller
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
billion direct line of credit with the U.S. 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. If you believe in free markets and fair competition, the GSEs are a poke in the eye. "As long as Fannie and Freddies debt is backed by the full faith and credit of the U.S. Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009