Monday, June 15, 2009

One Mortgage GSE?

At the Wisconsin Housing Conference in Madison last week, Curt Culver of MGIC forecast that Fannie and Freddie would be merged into one public sector entity for mortgage funding. I am not so sure...

5 comments:

Anonymous said...

I've asked all over the place: why do / did we still have two? They started differently, but what is the point of two that seem to be identical now?

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Rhonda Porter said...

I think there is two for competitive purposes (I could be wrong). However, the competition between Fannie and Freddie could be part of our issues today.

Richard, why do we have Fannie and Freddie?

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