Fannie Mae, Freddie Mac would need another bailout in severe economic crisis

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The Privileges of GSE Status. The yields on Fannie Mae and Freddie Mac’s corporate debt, known as agency debt, was historically about 35 basis points (.35%) higher than U.S. Treasury bonds, while ‘AAA-rated’ financial firms’ debt was historically about 70 basis points (.7%) higher than U.S. Treasury bonds.

Fannie and Freddie could need $100 billion bailout in next. – Fannie Mae and Freddie Mac could need a taxpayer bailout of as much as $99.6 billion if a severe economic downturn gripped the U.S., their regulator said Monday.

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Fannie, Freddie, and the Crisis | National Affairs – THE FAILURE OF FANNIE AND FREDDIE. While Fannie Mae and Freddie Mac are often blamed for the mortgage crisis, the causes of their failure have been widely misunderstood. Many observers who focus on the types and terms of mortgages as sources of the GSEs’ collapse have suggested that affordable-housing requirements contributed to the problem.

UPDATE 1-Fannie Mae, Freddie Mac may need $190 billion in big downturn -regulator – So far, Fannie Mae and Freddie Mac have drawn $187.5 billion in bailout funds. Freddie Mac should there be another downturn in home prices,” Treasury Secretary Jack Lew told a congressional.

Should You Buy Fannie Mae and Freddie Mac? – Most likely another. Before the crisis, preferred stock in Fannie Mae and Freddie Mac was seen as a safe income security. As such, conservative investors and small banks purchased it. But when the.

Fannie Mae, Freddie Mac pose risk to taxpayers, GAO warns – "A severe economic downturn could trigger significant taxpayer assistance to one or more of these entities." The federal government took control, called "conservatorship," of Fannie Mae and Freddie.

Fannie Mae and Freddie Mac and the Need for Reform – AAF – Fannie Mae and Freddie Mac, as well as Countrywide and other private label competitors, lowered the credit quality standards of the mortgages they securitized. A mortgage-backed security was therefore "worse" during the crisis than in the preceding years because the underlying mortgages were generally of poorer quality.

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Eliminating Fannie Mae and Freddie Mac without legislation | LIVE STREAM Since then, the bailout has been paid back with interest. The Fannie and Freddie bailout was greater than the 1989 saving and loan crisis, which "only" cost the taxpayers $124 billion. It was on par with the subsequent bailout of AIG, which started at $85 billion but grew to $150 billion.

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Republican tax plan will trigger another Fannie, Freddie bailout – In fact, the Tax Cuts and Jobs Act could bring on a flashback to the housing crisis that many thought they’d never see again – another bailout of Fannie Mae and Freddie Mac. The plan. and Freddie.