Housing Finance Reform: Corker-Warner Tackles Fannie and Freddie
Economy

Housing Finance Reform: Corker-Warner Tackles Fannie and Freddie

In response to the 2008 crash of the housing market, the Housing and Economic Recovery Act of 2008 created the Federal Housing Finance Administration (FHFA) to serve as government conservator of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks; and injected $188 billion in taxpayer funds to bailout the agencies collectively known as … Continue reading