Investors Unite Launches an Interactive Timeline on the Conservatorship
- October 5, 2015
So much has happened in the 18 months since Investors Unite was founded in response to the flawed conservatorships of Fannie Mae and Freddie Mac. Recent events have shed light on the fact that the rule of law and the interests of taxpayers and investors were subverted and government officials have shown great determination to conceal how the Third Amendment Sweep of Fannie Mae and Freddie Mac’s profits came about.
To help you navigate the many political, legal, and regulatory actions and events that have influenced the ongoing conservatorship and the discussion around the future of our housing finance system, Investors Unite is launching an interactive timeline of events. The timeline can be found under the tab titled “The Issues” on our homepage.
The timeline tracks the saga of Fannie and Freddie from before the passage of the Housing and Economic Recovery Act (HERA) until the present day. The timeline is an attempt to shed light on the various actors and competing interests involved in the conservatorship and the implementation of the Third Amendment Sweep. Importantly, we want this timeline to be a “sunshine” project – one that illustrates the many questions to which we still lack answers.
On boxes in which the various actors and competing interests appear, users can hover over red “plus” signs for more information. Users can also hover over each of the years following the implementation of the Third Amendment Sweep (2013, 2014, and 2015) for a graphic depicting the amount of money paid back to the Treasury by each GSE.
Most importantly, Investors Unite would like you, our members, to help us keep this timeline up to date and help us continue to build it out. Please send us what you think we’ve missed and send us any updates to this case you think are relevant. As events progress, we will continue to update this timeline with help from our members.