Thursday, February 10, 2011

What if they got rid of Fannie/Freddie?

Here's one thought: Concurrent housing price deflation and CPI increase -- a result of workers demanding higher wages to qualify for fully conforming mortgages, and that cost added to products -- until equilibrium is reached.

By the way, you can search at Fannie / Freddie to see if your mortgage is held by them.

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