Ginnie Mae, Fannie Mae, Freddie Mac

Brue Berkowitz: Without Fannie and Freddie, goodbye fixed rate mortgages

Without Fannie and Freddie, would we have to say goodbye to fixed rate mortgages? via Bruce Berkowitz

Dear Investor,

Two articles published today in the Miami Herald illustrate how the rulings in Fairholme’s lawsuits against the government (and the other cases pending throughout the country) seeking to invalidate the Net Worth Sweep might hit close to home for Americans. 

Fannie Mae and Freddie Mac are pillars of the housing market.  The articles explain how ordinary Americans will likely be the ones who suffer the most if the companies are not prudently recapitalized and rehabilitated.  Without the liquidity that both . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email or click chat button and we will get back to you as quick as humanly possible

Saved Articles

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers