FANNIE AND FREDDIE 3.0: The Trump administration begins the process of reprivatizing the housing GSEs.
— James Reber, CEO, ICBA Securities and Ron Haynie, ICBA Sept. 7, 2008, was a watershed in the history of housing finance. On that day, as housing market conditions deteriorated, Fannie Mae and Freddie Mac, the two massive housing government-sponsored enterprises (GSEs), were placed in “temporary” conservatorship. The shareholders, both common and preferred, were essentially […]