MarketWatch  Feb 21  Comment 
The giant asset manager tells Congress that the current state of play in housing finance is efficient, fair, and protects taxpayers.
MarketWatch  Feb 20  Comment 
The Supreme Court on Tuesday declined to hear a suit filed by shareholders of Fannie Mae and Freddie Mac , the two mortgage finance giants taken into government conservatorship at the height of the 2008 financial crisis. In 2012, the U.S....
Benzinga  Feb 15  Comment 
For the first time since 2012, Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) needed taxpayer bailout funds to cover quarterly losses. Fannie Mae and Freddie Mac each reported large fourth-quarter...
CNNMoney.com  Feb 14  Comment 
Fannie Mae, the housing lender bailed out by the government nearly a decade ago, needs a $3.7 billion infusion of taxpayer cash.
MarketWatch  Feb 14  Comment 
Fannie Mae will need taxpayer bailout after $6.5 billion loss


I suppose a priapicnl reduction program would be better than nothing, but there is always the risk of unintended consequences or even operational failure when attempting such a specific intervention. Why not let monetary policy do the work in a continuous, predictable, and agnostic fashion? It would deliver benefits not only to home owners, but also by reducing the real return on the many large cash-equivalent investments amassed by corporations like Apple ($60B last I checked), spurring them to put funds to more productive use. And of course, monetary policy can benefit from the Chuck Norris effect. Fiscal policy hasn't exactly inspired such reactions of late.

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