U.S. Housing Finance “Worse Off Today” Than In 2008
From Birch Gold Group Remember when the housing bubble started to burst in late 2007? By September 2008, both Fannie Mae and Freddie Mac had experienced heavy losses and were placed into conservatorship. The government then advanced them a whopping $190 billion of taxpayer money to keep them afloat. At the time, this action was described as “one of … Read more