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Opinion: Abolish Fannie and Freddie

Feb 10th 2011 – 5:00AM
AFP / Getty Images

AFP / Getty Images

When the Obama administration issues its report about the future of Fannie Mae and Freddie Mac -- expected later this week -- it is sure to set off another round of debate about what to do with these giant mortgage companies. During the depths of the financial crisis, there was plenty of brave talk from Democrats and...

How Do We Fix Fannie Mae?

Aug 17th 2010 – 2:01PM
AFP / Getty Images

AFP / Getty Images

(Aug. 17) -- Today is the day for the Treasury Department's conference on "The Future of Housing Finance." At the center of the debate lie Fannie Mae and Freddie Mac, which remain on the federal dole while the housing market struggles to recover. What is the best way to help the market while correcting the problems that...

Background on ginnie mae

The Government National Mortgage Association (GNMA), or Ginnie Mae, was established in the United States in 1968 to promote home ownership.

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