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No Capital at Fannie and Freddie is Bad for Taxpayers, Markets and America’s Families

By John Burnett

It has been nearly eight years since the housing market buckled and plunged the country into a financial crisis that is still embedded in our national psyche.

Yet practically nothing has been done to resolve the fate of two institutions at the center of the crisis, Fannie Mae (FNMA) and Freddie Mac (FMCC) , the housing finance giants. And this, in turn, has implications for taxpayers, capital markets and working families.

Read the full article: No Capital at Fannie and Freddie is Bad for Taxpayers, Markets and America’s Families