Fannie, Freddie: Can’t Purge ‘Em? Merge ‘Em
- May 11, 2014
Wall Street Journal
May 11, 2014, By John Carney
The latest attempts to overhaul mortgage finance appear well on their way toward the final resting place of so many earlier efforts. Which is to say, perpetual limbo.
The logical next step to a stalled revamp, though, doesn’t have to be acceptance of the status quo. An alternative could be merging mortgage giants Fannie Mae FNMA +3.37% and Freddie Mac FMCC +3.41% into a single company.
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