The State Wants To Nationalize Second Mortgages: What Possibly Can Go Wrong? – OpEd

The State Wants To Nationalize Second Mortgages: What Possibly Can Go Wrong? – OpEd

Eurasia Review

Published

By Artis Shepherd

Recently, Freddie Mac, a government-sponsored enterprise, sought approval from its oversight agency, the Federal Housing Finance Agency (FHFA), to purchase and guarantee second mortgages in the United States.

While the business case for this proposal is deficient (for an excellent perspective on that, see...

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