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Fannie and Freddie Face Their Fates
By Advisor Perspectives
- Fannie and Freddie Face Their Fates
- China Pledging Stimulus Not Reforms
- Bank Mergers Are Back on the Table
The 2008 global financial crisis brought about a number of historic market interventions. Most are now fodder for the history books: emergency loans have been repaid and stimulus funds spent. But one vestige remains. The agencies that support the U.S. mortgage market are still under the control of the federal government. Reform has been a long time in coming, but we may soon see an end to this prolonged chapter.
Read more at Advisor Perspectives.