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DeepYogurt
5 months ago
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U.S. preparing IPO for Fannie Mae and Freddie Mac ...
Housing bout to get wild
rwbt
5 months ago
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How exactly?
jedberg
5 months ago
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Fannie and Freddie are supposed to be there to stabilizing home lending rates. If they are public and have a profit motive, then their mission changes to profitability over stability.
UncleOxidant
5 months ago
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Weren't they public before the '08 GFC?
stonogo
5 months ago
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Yep. How'd that work out?
jedberg
5 months ago
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[–]
Yes. But their mission was still stability. This time around my understanding is that their charter will change.
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