Date: January 22nd, 2009

The GSEs’ future: Part 2, you might as well live

22 January, 2009 (10:35) | Capital markets, Finance, GSEs, HERA, Legislation and policy, Regulation and Reform, Subprime, TARP, US News | No comments

[Continued from yesterday's Part 1.]
 
Yesterday we saw from outgoing Treasury Secretary Hank Paulson’s Remarks on the Role of GSEs in Supporting the Housing Recovery, that no matter how much he worries about their existence, he has (correctly, I think) concluded the GSEs play an essential role in creating omnipresent secondary-market liquidity, and in allowing targeted [...]