Haunting Bonds of Fannie and Freddie


Haunting Bonds of Fannie and Freddie
— John Carney
The Wall Street Journal Europe
Jun 25 2014

A specter once thought exorcised from the housing finance market may be haunting it once more: the “implicit guarantee.” That describes a peculiar belief widely held before the financial crisis: that Fannie Mae and Freddie Mac would be rescued by the…read more…

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