Insider's Game

Selected writings by David Fiderer

Do Fannie and Freddie Need Reforming?

First published in National Mortgage News on December 11, 2013

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.

For more, read: National Mortgage News