5 ms·

How exactly?

• jedberg 1y ago
  Fannie and Freddie are supposed to be there to stabilizing home lending rates. If they are public and have a profit motive, then their mission changes to profitability over stability.
  • UncleOxidant 1y ago
    Weren't they public before the '08 GFC?
    • deleted 1y ago
      [deleted]
    • jedberg 1y ago
      Yes. But their mission was still stability. This time around my understanding is that their charter will change.
    • stonogo 1y ago
      Yep. How'd that work out?