Yesterday?s NPR ?On Point? program featured a segment titled ?Fannie (FNMA.OB), Freddie (FMCC.OB) and the Sinking Housing Market? which is well worth a listen if only to witness the hand-wringing that will likely become far more common as the administration moves closer to making real changes in government sponsored housing finance.
Make no mistake, there are many interests that would align firmly against any plan to withdraw government subsidy (which is exactly what mortgage
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