Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-The Obama administration and financial industry allies have suggested that the federal government needs to take control of the mortgage market. Experts call for more federal intervention since the mortgage market cannot break itself from government-backed mortgage monsters, who own debt of about $5 trillion.

Market experts proposed to combine Fannie Mae, Freddie Mac and other agencies into a single federal office in order to move the debt to the federal budget. For the full story, go to Christian Science Monitor.

GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.