Will the Federal Takeover of Fannie Mae/Freddie Mac Help Miami Homeowners?
September 10, 2008 by ImpactRealEstate commentHenry M. Paulson, Jr., from the US Department of the Treasury issued his statement on Sunday:
Since this difficult period for the GSEs began, I have clearly stated three critical objectives: providing stability to financial markets, supporting the availability of mortgage finance, and protecting taxpayers – both by minimizing the near term costs to the taxpayer and by setting policymakers on a course to resolve the systemic risk created by the inherent conflict in the GSE structure...


