A bailout of Fannie Mae and Freddie Mac is inevitable and the consequences unknown. FHFA estimates it could cost $100 billion. Yet both companies are well-managed and highly profitable. Their failures will be due to irresponsible public policy that prohibits the agencies to reserve for losses.
from Forbes Real Time https://www.forbes.com/sites/jameshcarr/2017/09/18/playing-russian-roulette-with-the-u-s-housing-finance-system/
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