Put Housing GSEs in the Budget and then Privatize

“The two large housing government-sponsored enterprises, Fannie Mae and Freddie Mac, have been in government receivership since September 2008. The U.S. Treasury has given the housing GSEs $112 billion in cash infusions, and this past Christmas Eve it quietly announced it would cover all of Fannie and Freddieโ€™s losses beyond the original $400 billion limit…

“The two large housing government-sponsored enterprises, Fannie Mae and Freddie Mac, have been in government receivership since September 2008. The U.S. Treasury has given the housing GSEs $112 billion in cash infusions, and this past Christmas Eve it quietly announced it would cover all of Fannie and Freddieโ€™s losses beyond the original $400 billion limit through 2012.” Read more.

Put Housing GSEs in the Budget and then Privatize
Tad DeHaven
Cato-at-Liberty Blog, February 25, 2010.
Via the Cato Institute.



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