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I'm not familiar with what changes occurred during the financial crisis. Fannie Mae and Freddie Mac always enjoyed an implicit guarantee that their balance shee
by nsfyn55 6y ago
I'm not familiar with what changes occurred during the financial crisis. Fannie Mae and Freddie Mac always enjoyed an implicit guarantee that their balance sheets were secured by the federal government. It was a big inside joke forever.
- oldsklgdfth 6y agoTIL, after some deep diving, it appears to me that the government plays a pretty significant role in US housing, not isolated to affordable low-income housing.