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Posted Sunday, November 1st, 2015 at 4:54 am by in .Edit this post More in

Until August essays the help Even absent Fannie and Freddie, the U.S. maintains a number of backstops for housing, including, but not limited to, the Federal Housing Administration, Veterans Affairs, the Federal Home Loan Banks, and the biggest of all, the Federal Reserve, which has purchased more than $1 trillion dollars in mortgage-backed securities. If we simply let Fannie and Freddie disappear, we will still lead the world in mortgage subsidies.

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