3min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

#AIS: Divvy Homes CEO Adena Hefets breaks down the state of the US housing market

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

What Do You Think About Fanny May and Freddi?

The last time the government changed the underrining criteria, it led to the global financial crisis. Most of fanny may's operations have been very dictated by the government. And they're not actually taking the level of risk that they should in this current market. If your income is not increasing and mortgage rates are going up, you now need to spend a larger percentage of your income on housing.

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