The Office of Federal Housing Enterprise Oversight may have set the stage for Fannie Mae and Freddie Mac to eventually turn off the spigot on financing for nontraditional and subprime mortgages. And that may well mean the end of the line for so-called “exotic...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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