GSEs May Need Future Bailouts as their Reserves Continue to Dwindle, FHFA Director Warns
Scotsman Guide, Feb. 19, 2016–Whitman, Victor
Federal Housing Finance Agency Director Mel Watt warned this week that the government’s course of eliminating Fannie Mae and Freddie Mac’s capital buffers could lead to future taxpayer bailouts of the government-sponsored enterprises that could destabilize the housing market.
