Memo to Barney Frank from a Retired Chief Fannie Mae Lobbyist

“Like it or not, Fannie and Freddie alone are carrying out the secondary mortgage market policies that the Treasury wants performed and which the nation demands. The fact is, without Fannie and Freddie, the US would have no “conventional” secondary mortgage market where non-government guaranteed mortgage loans are securitized and sold throughout the world.”
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Related posts:

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  3. Barney Frank Pushes for Regulation Despite Financial Industry Funds
  4. Is Unlimited Bailout Of Fannie And Freddie A ‘Necessary Evil’?
  5. Fannie-Freddie Fix at $160 Billion With $1 Trillion Worst Case

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