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nytimes.com - 3/3/2009
Fannie and Freddie Likely to Stay in U.S. Hands
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Despite assurances that the takeover of Fannie Mae and Freddie Mac would be temporary, the giant mortgage companies will most likely never fully return to private hands, lawmakers and company executives are beginning to quietly acknowledge. The possibility that these companies — which together ...
Fannie Freddie Refis May Extend Beyond 105 Percent LTV
thetruthaboutmortgage.com - 2/25/2009
Fannie Freddie Refis May Extend Beyond 105 Percent LTV
— thetruthaboutmortgage.com — The loan-to-value (LTV) limit on mortgages Fannie Mae and Freddie Mac will be able to refinance as... part of Obama’s Homeowner Affordability and Stability Plan may go higher than the original 105 percent, according to National Mortgage News. The info is ... (more) Fannie Freddie Refis May Extend Beyond 105 Percent LTV

Comments vote down IEHI Feed: The Hedge Fund Implode-o-Meter found this 2/25/2009found this
The Bubble Next Time
tbm.thebigmoney.com - 3/3/2009
The Bubble Next Time
— tbm.thebigmoney.com — The following was adapted From Dumb Money: How Our Greatest Financial Minds Bankrupted the Nation by Daniel... Gross, published as an e-book by Simon & Schuster. (You can buy a digital version, for the Kindle or Sony Reader , ... (more) The Bubble Next Time

Comments vote down FT Alphaville found this 3/3/2009found this
VoxEU.org - 2/27/2009
The case for and against bank nationalisation
— VoxEU.org — Matthew Richardson , 26 February 2009 Sometimes the best way to repair a severely dilapidated house is... to knock it down and rebuild it. This column argues for bank nationalisation as the best hope for maintaining a private banking system. Risky, and ... (more) The case for and against bank nationalisation

Comments vote down Economist's View found this 2/27/2009found this

Blog Reactions

Cafe Hayek:  Fannie and Freddie and the future (by Russell Roberts)

Marginal Revolution:  Sentences to ponder

Economist's View:  links for 2009-03-03

Comments
Blog Reactions

Fannie and Freddie and the future (by Russell Roberts)
Cafe Hayek — ... This New York Times story suggests that Fannie and Freddie are going to stay in the hands of the government, partly because government likes have the tool. I think there's a chance it they will return to their quasi-private form. That's a better tool, a tool you can play with off budget. But in the middle of the article is this remarkable paragraph, the kind of paragraph that gets written with a straight face as if it's just the facts being reported, no big deal: ...

Sentences to ponder
Marginal Revolution — The worry is that if the government cannot or will not extricate itself from Fannie and Freddie, it will face similar problems should it eventually nationalize some large banks. Here is more, interesting throughout.

links for 2009-03-03
Economist's View — ... Financial system not the same as "our" big financial institutions - Interfluidity Lessons From Japan: Get Bad Assets Off Banks' Balance Sheets - RTE Are bankers’ bonuses all bad? - voxeu.org ISM Employment Index at Record Low - Calculated Risk Labor market data can be misleading - News N Economics Making sense of the credit debacle - Barry Ritholtz Fannie and Freddie Likely to Stay in U.S. Hands - NYTimes.com Taking Krugman's Side - ...

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CFO Death Only Clouds Freddie Mac & Fannie Mae Further (FRE, FNM)
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Let the debating begin. President Obama unveiled his inaugural budget on Thursday, a plan that calls on raising taxes for the wealthy and lowering them for the middle class. It includes spending cuts in agriculture, a new energy tax, oh, and another ...