Tuesday, March 15, 2011

Obama GSE Report Favors Public-Private Hybrid


February 11, 2011 by Robert Freedman · 9 Comments

The Obama administration puts the emphasis on privatization with a federal backstop as it outlines alternatives for replacing Fannie Mae and Freddie Mac. NAR wants to be sure affordable 30-year, fixed-rate and other safe mortgages remain available. It also expresses concern over a part of the report that could lead to increased fees above what would be affordable for middle-class households. READ More

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