Fannie and Freddie could require bailout if lockdown lasts


The two groups.collectively underpin the $10tn US housing market..

Regulator Mark Calabria, director of the Federal Housing Finance Agency. says US mortgage guarantors have sufficient resources for about 12 weeks

“Fannie and Freddie are still in conservatorship and 
levered 240 to 1. 

FT 3 April 2020


Fannie and Freddie at IntCom


Kommentarer

Populära inlägg i den här bloggen

Pfizer in 2019 sold $20 billion of drugs in the U.S. Its federal tax bill? Zero; Ireland

My blogg short index

Niall Ferguson: The AI Boom Is a House of Cards, Tyler Cowen: Not so fast