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[OPINION] Have We Moved to A Socialist Mortgage Market?

[OPINION] Have We Moved to A Socialist Mortgage Market?

| Aug 18, 2015 | Housing Market

Jeffrey Dorfman, a contributor to Forbes magazine, published an opinion piece yesterday afternoon Title, “The Sneaky Path We Took To A Socialist mortgage Market”. His essential premise is that when the Fannie and Freddie bailout occurred under the Bush administration, it was viewed as a first step towards fully privatizing the market; however, under the Obama administration, the conservatorship has been used both to drive social policy, and as a source of revenue for the federal government.

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