I have been wondering about this too

The linked piece describes a plan to split up Fannie Mae and Freddie Mac. In a perfectly a competitive market, this should not do anything. But we don’t have such a market…

Third, having several Macs would encourage competition among them, which would probably drive mortgage rates down. As it is, Freddie and Fannie are dictating terms of the mortgage lending business.

Accrued Interest

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