Comments on: Capital, almost as good as money http://affordablehousinginstitute.org/blogs/us/2008/06/capital-almost-as-good-as-money.html Affordable Housing Institue Wed, 11 Nov 2009 21:03:17 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Fat Man http://affordablehousinginstitute.org/blogs/us/2008/06/capital-almost-as-good-as-money.html/comment-page-1#comment-9180 Fat Man Thu, 10 Jul 2008 02:57:44 +0000 http://affordablehousinginstitute.org/blogs/us/2008/06/capital-almost-as-good-as-money.html#comment-9180 "putting Fannie and Freddie on firmer financial footing so they can be strong enough to act when the housing market needs them." If not now? When? “putting Fannie and Freddie on firmer financial footing so they can be strong enough to act when the housing market needs them.”

If not now? When?

]]> By: Joe Y http://affordablehousinginstitute.org/blogs/us/2008/06/capital-almost-as-good-as-money.html/comment-page-1#comment-9168 Joe Y Wed, 09 Jul 2008 17:15:08 +0000 http://affordablehousinginstitute.org/blogs/us/2008/06/capital-almost-as-good-as-money.html#comment-9168 In Fannie and Freddies' defense, they were under enormous, frankly irresistable, pressure from Congress to drop underwriting criteria for both poorer borrowers and to reward political supporters (as I know first-hand all too well), and I believe Congress will protect them. I'm surprised the magnitude of this hasn't come out, but maybe that's one more reason-the most urgent?-why I think they are safe. In Fannie and Freddies’ defense, they were under enormous, frankly irresistable, pressure from Congress to drop underwriting criteria for both poorer borrowers and to reward political supporters (as I know first-hand all too well), and I believe Congress will protect them. I’m surprised the magnitude of this hasn’t come out, but maybe that’s one more reason-the most urgent?-why I think they are safe.

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