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Timothy Howard

Why Doesn't US Government Want Fannie, Freddie to Succeed?

Harlan Green | Posted 05.26.2015 | Business
Harlan Green

Dissolving Fannie and Freddie makes no sense for several reasons. There is no financing model that has yet been created to replace their securitization structure that in effect guarantees almost all conforming and Hi-Balance conforming loans, and which account for more than 60 percent of loan originations today.

Mortgage Giants Leave Legal Bills To The Taxpayers

New York Times | Posted 05.25.2011 | Business

Since the government took over Fannie Mae and Freddie Mac, taxpayers have spent more than $160 million defending the mortgage finance companies and th...