Housing Market Won’t Recover Until Freddie and Fannie are Revamped


Posted on 14th January, by waz in news. Comments Off

Fedreal Reserve chairman Beb Benanke said, in theis article, that reducing the dominance of GSEs in vital to a recovery in the housing market. The Obama administration is expected to release it’s recommendations on the future of these two giants soon but don’t hold your breath. I’m not sure that the government understands the while process enough to make the right decisions and that makes me wonder what self serving “experts” they are listening to. I guess we’ll find out soon enough!

http://bit.ly/iiiIJb





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