tag:blogger.com,1999:blog-2065764625651099128.post96718333426234155..comments2024-01-19T00:28:25.444-05:00Comments on Purse Pundit: Fannie and Freddie - the story continuesJacki Zehnerhttp://www.blogger.com/profile/17111090486082618525noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2065764625651099128.post-52789788412790057752011-02-18T07:45:34.738-05:002011-02-18T07:45:34.738-05:00Can't wait to talk with you more about this in...Can't wait to talk with you more about this in person next week. I think Bethany's article is good - but very superficial compared to most of her work. Agree with her that bottom line is that it is unlikely FNM/FRE will truly ever go away in function. And should it? The last 10 years of their existence has been a massive failure by them, the gov't/congress vis-a-vis regulation, the rating agencies (why aren't they taking more of the brunt of this), overvalued real estate market, wall street greed...the perfect storm. But at the same time, once again they are the only ones providing liquidity and a robust secondary market (albeit "they" is the govt this time)...are we willing to live with much higher mortgage rates and much lower homeownership rates in the US? :)Donnahttps://www.blogger.com/profile/12963388249069414400noreply@blogger.com