The Role of Freddie Mac and Fannie Mae
Arnold and Russ discuss the importance of Freddie Mac and Fannie Mae in the mortgage market, exploring how they increase the supply of money available for mortgage loans and reduce the cost of mortgages. They also touch on the risk element involved in bundling and selling loans.In this clip
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Arnold Kling on Freddie and Fannie and the Recent History of the U.S. Housing Market
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