Richard Green is a professor in the Sol Price School of Public Policy and the Marshall School of Business at the University of Southern California.
This blog will feature commentary on the current state of housing, commercial real estate, mortgage finance, and urban development around the world. It may also at times have ruminations about graduate business education.
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...
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.
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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ReplyDeleteI 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.
ReplyDeleteRichard, why do we have Fannie and Freddie?
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