Tag Archives: Fannie

GSEs and the Housing Crisis: Studies Ignored

by Guest Author Fabius Maximus Summary: Among our most serious problems is the success of well-funded engines of propaganda at manipulating public opinion, making effective public policy reforms almost impossible. Here we examine one example, convincing Americans that the government … Continue reading

Posted in Banking News, Home Sales and Home Prices, Studies | Tagged , , , , , , , | 2 Comments

Solutions Wanted to Stabilize Housing Market

My solution is to start destroying inventory starting with the vacant REO’s in high unemployment areas until prices stabilize. Continue reading

Posted in Weekly Economic Summary | Tagged , , , , , , , , | 1 Comment

The Great Debate©: Wallison vs. Black on the FCIC

Wallison says that the government and Fannie/Freddie were prime causes of the financial crisis. Black says Wallison is defending his partisan past. Continue reading

Posted in Banking News, Great Debate© | Tagged , , , , , , , , | 6 Comments

The Trillion Dollar Fraud

John R. Talbott argues that the accumulation of trillions in MBS by the Fed and the GSEs will amount to a gigantic backdoor bailout for the banks. Continue reading

Posted in Business News and Analysis, Federal Reserve, Home Sales and Home Prices, US Treasury | Tagged , , , , , , | 1 Comment

The American Mortgage in Historical and International Context

From 2005, a review of US mortgage history and of international mortgage markets is accompanied by a prescient analysis of risks and benefits of Fannie and Freddie. Continue reading

Posted in Banking News, Home Sales and Home Prices | Tagged , , , , | 1 Comment