GSEs: ain’t misbehavin’?
It’s been a long 2006 for the two GSEs, Fannie Mae and Freddie Mac.
No one to talk with/All by myself/No one to walk with/But I’m happy on the shelf
The OFHEO report, explained
The story so far is here, and our comprehensive review may be found here:
· Part 1 Summary and introduction
· Part 2 Maximizing executive [...]