GSEs Likely to Remain in Conservatorship Pulte Says

[Non Sequitur]

It's behind a paywall, but rats. I'm guessing the politics of releasing them is too deep even for Trump.

https://www.barrons.com/articles/fannie-mae-freddie-mac-conservatorship-pulte-stocks-d1db7626

 

[Zoe]

GSEs are kinda like banks. Who insures them?

You as taxpayer insures them.

 

[glenn walker]

Yes it's a fancy term for s bankruptcy where the debtor is the taxpayers.

There is no way to ever make it whole so you keep it locked inside the container until most have died and are gone.

 

[chad hampton]

As long as we are backing them, they will continue their high risk behavior.