Selected writings by David Fiderer
For many politicians, GSE reform is a shorthand term, which translates into their plan to shut down the government-sponsored enterprises in favor of an untested system of housing finance. Though they speak of the urgency of reform, they often sidestep a basic question. Reform what? What was it about the Fannie Mae and Freddie Mac that caused problems in the first place? Their answers seem slippery, disconnected from empirical data.
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