Logan Mohtashami: Powell’s remarks bode well for lower mortgage rates
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Debate over GSEs and Conservatorship
The chapter delves into the debate surrounding whether to remove Freddie Mac and Fannie Mae from conservatorship, expressing concerns about potential risks and questioning the need for change based on past successes. It also explores the impact on mortgage rates during recessions and reflects on the benefits of keeping the GSEs in conservatorship during economic downturns.
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