Why Fannie Mae and Freddie Mac Survived

[m.knox]

I rest my case...........

Remarkably, their importance today is unparalleled. In 2013, President Obama said that "our housing system should operate where there's a limited government role and private lending should be the backbone." Just the opposite applies now: Government dominates housing finance.

http://www.realclearmarkets.com/art...nnie_mae_and_freddie_mac_survived_101886.html