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Fannie and Freddie were followers

Posted on: August 20, 2017 at 13:26:36 CT
SparkyStalcup MU
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They loosened standards long after other lenders and actors, because they were rapidly losing market share.

https://www.publicintegrity.org/2011/01/17/2197/fac****ch-fannie-and-freddie-were-followers-not-leaders-mortgage-frenzy

Still, Fannie and Freddie mortgages failed at a far lower rate than Wall-Street funded loans. They were way more cautious than the investment banks.

Insert t w a t for the stars above in the link

Edited by SparkyStalcup at 13:27:29 on 08/20/17
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     Fannie and Freddie were followers - SparkyStalcup MU - 8/20 13:26:36
          RE: Fannie and Freddie were followers - MUTGR MU - 8/20 13:28:42
               And yet, they were followers despite being "early". - SparkyStalcup MU - 8/20 13:38:29
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