One Problem We Still Haven’t Fixed
Amy Payne /
You may not have heard much about the housing market lately…but that isn’t because it’s safe.
Leaders in Washington were in denial about Fannie Mae and Freddie Mac’s finances before the last housing crisis. We know how that turned out. And taxpayers are still on the hook for the loans that these mortgage giants are guaranteeing—totaling about $4 trillion.
We don’t want to see a sequel to the previous housing horror.