permabear Posted May 11, 2016 Posted May 11, 2016 I want to get a better understanding of how Fannie/Freddie started & grew, what they did, why they failed, the resulting outcome, where they are today/how they are different, etc. I am interested to see how they compare to CMHC in Canada, which not only securitizes mortgages, but is also heavily involved in providing mortgage insurance (not to mention companies like Genworth, which are 90% backed by gov't).
merkhet Posted May 11, 2016 Posted May 11, 2016 I want to get a better understanding of how Fannie/Freddie started & grew, what they did, why they failed, the resulting outcome, where they are today/how they are different, etc. I am interested to see how they compare to CMHC in Canada, which not only securitizes mortgages, but is also heavily involved in providing mortgage insurance (not to mention companies like Genworth, which are 90% backed by gov't). The Wesco letters have some interesting things to say about Freddie.
luke61388 Posted May 11, 2016 Posted May 11, 2016 Shaky Ground by Bethany McLean may be what you are looking for.
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