0 minute readIt would be funny, if it weren’t so painful, to watch members of Congress and the administration agonizing over what to do with Fannie Mae and Freddie Mac. The truth is that there is no choice. The only solution is for the government to assume the functions of these government-sponsored enterprises, returning the companies to their original status as official government agencies.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio