Why the Goverment has to bail out Fanie Mae and Ginnie Mae?
Why the Goverment has to bail out Fanie Mae and Ginnie Mae? “In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980’s. ‘From the perspective of many people, including me, this is another thrift
Original post by Beginner Investing News