Why Fannie Mae And Freddie Mac Were (And Are Still) Disasters Waiting To HappenGuild Investment Management
McLean added "I cannot believe in an era where everyone is up in arms about capital requirements at the big banks that we are content to let the GSEs operate with next to no capital. The housing market and financial system remain on very shaky ground."...
The special status, large sizes, and recent rapid growth of Fannie Mae and Freddie Mac have created and/or contributed to a set of difficult policy problems that include: misguided and excessive subsidization of housing in the U.S.; the safety and soundness of the two companies; systemic risk...
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but it's probably not going to cause the plane to go down or crash. The notification was made to residents to clear up any confusion. This is such a pleasant change from the typical rancor that dominates discussions on this subject. person will not be tolerated. But, again, that's not...
It's nothing more than a giveaway to interest groups, and it will do nothing to create any real growth or lasting job creation.
It can still be up to 3% of the loan amount in most cases so these restrictions may mean very little Most types of mortgage loans don’t cap the fees lenders may charge borrowers. However, many of today’s mortgages, especially those backed by Fannie Mae and Freddie Mac, are so-called...
Say an owner’s mortgage is worth $400,000 but his house is valued at $300,000. The government would refinance the $400,000 loan with two new loans. Fannie Mae, the mortgage financier now under government control, would provide a first loan for the market value of the house, in this...
Caterpillar bulls are ignoring the company's exposure to interest rate adjustments from the world's central banks.
should pay that much down. should be harder to finance for a car than a home because you can always drive away with the car, and not pay. I would not be able to pick up a home and vanish if I was not making payments. This country is backwards, and fked up fill with corrupti...