Chairman Jeb Hensarling

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INFOGRAPHIC: The Government Housing Policy-Driven Fall of Fannie Mae & Freddie Mac
Posted by on March 07, 2013
Many of the interest groups that directly benefit from large subsidizations in the housing market continue to state that Fannie and Freddie fell victim to the bad private market participants. This suggestion is completely false. It was government housing policy, coupled with loose money from the Federal Reserve, that caused the housing bubble and those are the areas where we must focus reform.




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The opinions expressed below are those of their respective authors and do not necessarily represent those of this office.
  • Michael Davis commented on 7/31/2013
    So why is the 187.5 billion drawn not being applied to reduce the liquidation preference of the preferred stock purchase agreement? Where is the dividends and sweeps being applied? and how does it benefit the taxpayer?
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