Category Archives: fannie

Fannie and Freddie Nationalized

No surprise here. I’ve been predicting this for some time. The question is whether or not the housing and credit crisis will be resolved by the expected government bailout. I predict it will not be. Paulson and Bernanke also have … Continue reading

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The Coming Bailout of Freddie Mac and Fannie Mae

Yep, it’s coming alright, just a matter of time (probably sooner rather than later). Hank Paulson, resident Treasury genius, thought that by implying the government would step in and save the two GSE’s he would never have to actually do … Continue reading

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The Coming Bailout of Fannie Mae and Freddie Mac

Actually, the bailout is already here. Lawrence Lindsey has an excellent analysis of everything that is wrong with the overly-hasty disaster that is the so-called “Mortgage Bailout” bill. Yeah, right, I’ll bet Congress solved that problem.

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Fannie and Freddie are in Great Shape…Not.

Friday, Fannie Mae and Freddie Mac were saying that they were in great shape with plenty of capital. By Sunday, the government had announced a bailout plan. Friday, Bernanke said that he had not discussed opening the discount window to … Continue reading

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Fannie Mae and Freddie Mac as Zombies

This post is a little technical but I will try and make it easy to understand. Fannie Mae and Freddie Mac, at the behest of the government, have become the lender of last resort for the failing housing market. In … Continue reading

Posted in fannie, freddie, housing | 3 Comments