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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Are the lawyers at the GSE’s at risk?[/quote] In a merger situation, so obviously! The streamlining effort that is going on in government will hit Fannie+Freddie. I think many departments that do similar/same work is at risk. It's unique roles and who is more liked that works in favor of an employee during reorgs like this.[/quote] There are no plans to merge Freddie and Fannie. This is fake news. However, privatization is on the table. [/quote] I thought the whole raison d'etre for Fannie and Freddie is that the private sector isn't interested in providing this service. [/quote] Not correct Private sector would do this and do it well. But with Fannie and Freddie able to borrow at gov rates , they can always beat the private sector sector US needs to privatize the GSEs and let the market do its magic [/quote] What do you mean by “privatize”? how would removing the advantages Fannie and Freddie have make mortgages better for consumers. What is this “magic” the market will do? Do you like your 30-year mortgage?[/quote] The invisible hand. Read a little Fannie and Freddie are too big. There should be multiple entities to distribute risk The advantage is to taxpayers, not consumers. Estimated Fannie / Freddie may reduce interest rates by 1/2%. Very little benefit considering the huge risk for taxpayers .[/quote] What risk? You are engaged in question begging.[/quote]
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