According to a recent report, Fannie Mae and Freddie Mac could require another $190 billion bailout from taxpayers in a future economic downturn. This is simply unacceptable, and our housing finance system badly needs to be reformed. We need to end the government domination of the mortgage market, re-establish the private sector as the engine of housing finance and protect taxpayers from being on the hook again.
Posted on: Thu, 01 May 2014 20:00:00 +0000
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