Stanford University

The Equity Sharing Solution to the Fannnie/Freddie Morass

Revisiting “Capped Upside, Unlimited Downside” [Note to Readers: this post originally ran Christmas Week, when it was read by . . . no one. In the wake of Barney Frank’s announced plan to abolish Fannie Mae and Freddie Mac, I’m “popping” it to the top of the list.] If you lend someone 97 cents to...
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