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mwmisses4289

(1,639 posts)

1. Not recalling that clearly, but wasn't the reason the government took them over

Reply to BumRushDaShow (Original post)

Mon Jun 9, 2025, 09:14 AM

Jun 9

because of the hash public investors/hedge fund types had made of fannie/freddie? Now that they are solvent and appear to be rolling in dough, the current crop of hedge funders cant wait to raid the piggy bank and leave nothing behind.

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Hedge funds could make billions from a Fannie Mae and Freddie Mac spin-off [View all] BumRushDaShow Jun 9 OP

Not recalling that clearly, but wasn't the reason the government took them over mwmisses4289 Jun 9 #1

They fell into the "easy money" trap trying to regain market share from the loan sharks BumRushDaShow Jun 9 #2

Thank you for that. mwmisses4289 Jun 9 #3

Most welcome! BumRushDaShow Jun 9 #4

The two things that stood out for me from the housing bubble progree Jun 9 #6

The "pieces of mortgages" slapped together as a "unit" BumRushDaShow Jun 9 #7

With the usual cut being laundered as "campaign contributions" to republicans. PSPS Jun 9 #5