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Consumer Law
: CL&P BlogFannie and Freddie by the Numbers
By Alan White
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By Alan White
I?m coming back to a theme here, but the myth that Fannie and Freddie caused the crisis keeps being repeated. The subprime crisis was in no way caused by Fannie Mae and Freddie Mac, nor by Congressional regulation or nonregulation of them. To put some numbers behind the facts, I turned to my two-volume Mortgage Market Statistical Annual for 2008, published by Inside Mortgage Finance. I take it as a given that the current crisis was caused by t read more
Full post as published by CL&P Blog on October 19, 2008 (boomark / email).
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