“Despite assurances that the takeover of Fannie Mae and Freddie Mac would be temporary, the giant mortgage companies will most likely never fully return to private hands, lawmakers and company executives are beginning to quietly acknowledge.” (New
York Times, Tuesday)
Abolish them!
FEE Timely Classic
“Nationalization of the Mortgage Market” by Robert P. Murphy
Tuesday, March 3, 2009
Feds Likely to Keep Fannie and Freddie