Saturday, March 1, 2014

Now Uncle Sam Is Ripping Off Fannie and Freddie

Now Uncle Sam Is Ripping Off Fannie and Freddie



Ideally, the government would undo the 2012 sweep, and perhaps revert to the original 2008 arrangement, as part of a decision about the future of Fannie and Freddie. More likely, the issue will be decided in the courts. A number of Fannie and Freddie shareholders are challenging the sweep as, among other things, an unconstitutional taking of their propert

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