Tag Archives: Backstop

Why shut down Fannie and Freddie now?

After Fannie and Freddie were put into conservatorship, the Treasury began buying senior preferred shares of stock in the two, thereby keeping them afloat and fueling the nation’s mortgage market for the foreseeable future. During the next several years, as … Continue reading

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Fannie, Freddie are cash cows—why shut them down?

After Fannie and Freddie were put into conservatorship, the Treasury began buying senior preferred shares of stock in the two, thereby keeping them afloat and fueling the nation’s mortgage market for the foreseeable future. During the next several years, as … Continue reading

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Investors Sue Government Over Fannie, Freddie Stock

The lawsuit, filed in U.S. Court of Federal Claims, comes just as a new bill is being drafted in Congress to reform housing finance and potentially liquidate Fannie and Freddie. Sens. Bob Corker (R-TN) and Mark Warner (D-VA) have been … Continue reading

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