All Posts Tagged With: "Fannie Mae"
Nationalization of the Mortgage Market
Breaking down the mortgage market breakdown and how it’s all the government’s fault.
1Dec2008 | Robert P. Murphy | 7 comments | ContinuedBailing Out Statism
The key to understanding the saga of Fannie Mae and Freddie Mac—the newly nationalized twin government-sponsored enterprises (GSEs) that dominate home financing—is this: They were created—intentionally—to distort the housing and mortgage markets. That is, government planners were not content to let voluntary exchange and spontaneous market forces configure those industries unmolested. So—holding the taxpayers hostage—they [...]
1Dec2008 | Sheldon Richman | 2 comments | ContinuedCan the Feds Save the Housing Market?
Government Solutions Will Only Make Matters Worse
1Jun2008 | Robert P. Murphy | 13 comments | Continued-
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