The Fannie/Freddie Dilemma, Cont. No Government-Sponsored Entity (“GSE”) can serve two masters. –New Testament OK, so that’s not exactly how the Biblical quote goes. But it’s an apt description of the conundrum facing would-be reformers of Fannie Mae and Freddie Mac, the two now-state wards that buy or guarantee a stunning 96% of all U.S....Read More