1 Articles match "New York","Private","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. Not only must private competitors pay state income taxes and other costs, the GSEs have been able to get investor capital at low cost because of the perception that the federal government would not let either company fail. 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
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. Not only must private competitors pay state income taxes and other costs, the GSEs have been able to get investor capital at low cost because of the perception that the federal government would not let either company fail. Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009