Tag Archives: taxpayer subsidies

Mortgage Borrowing Costs Must Rise

Fannie Mae and Freddie Mac are raising their fees for mortgage insurance, reducing Fannie and Freddie’s reliance on taxpayer subsidies. The trend is for a pullback in government support for mortgages. This is part of the overall pullback in government … Continue reading

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Cutting U.S. Government Housing Support Below 50%

Fannie Mae and Freddie Mac currently back 95% of new mortgages written in the United States. Fannie and Freddie have sucked up $150 billion in taxpayer subsidies and that bill might go as high as $400 billion. Both liberals and … Continue reading

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