Uncle Sam’s ugly, unmarriable children, Fannie and Freddie already have a mountain of misery and challenges and their problems are about to get bigger as signs of the softening real estate market and anticipated foreclosures are expected to climb and continue. The troubled twins have already reclaimed nearly as many of the homes as they did in 2009 and the year isn’t over yet. Today I went across the aisle to speak with Rep. Paul Kanjorski (D-Pa.), Chairman of the Capital Markets Subcommittee to ask him his solutions on what to do with Fannie and Freddie.
0 minute readKanjorski bashes Fannie and Freddie’s ‘reckless risk-taking’
September 17, 2010, 3:50pm
Jason Philyaw was a reporter with HousingWire through mid-2012.see full bio
Most Popular Articles
Latest Articles
From resilience to antifragility: Rethinking cybersecurity for real estate and mortgage professionals
In information security, we’ve long spoken about resilience. The goal has been to withstand an attack, recover quickly, and return to business as usual. But in today’s environment—where attackers adapt and evolve daily—resilience is no longer enough. We must go further. We must embrace antifragility.
-
From local to global: RE/MAX’s Chris Lim on the next era of real estate relationships
-
Stop marketing like it’s 2008: You’re invisible
-
RE/MAX accelerates real estate innovation with AI and technology
-
Retirement plans for small-business owners have visible generational gaps
-
VA loans rise as housing market shifts toward buyers
Jason Philyaw was a reporter with HousingWire through mid-2012.see full bio
