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Tag Archives: Cato Institute

Analysis: Private Markets Key to Preventing Housing Meltdown Sequel

According to an analysis authored by a former chief economist of Freddie Mac and a real estate economics professor at University of Aberdeen, responsibility for the failure of Fannie Mae and Freddie Mac falls directly on regulators and indirectly on their political overseers. The two analysts argue that the U.S. government's involvement in housing finance nurtured the excessively risky loans that fueled the housing bubble of the last decade and resulted in the systemic collapse of the global financial system.

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