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Geo-Graphics

Government Sponsored Enterprises

By experts and staff

Published
  • Benn SteilCFR Expert
    Senior Fellow and Director of International Economics
  • Dinah Walker
    Analyst, Geoeconomics

Financial markets believe that the game is up for Fannie Mae and Freddie Mac, the Government Sponsored Enterprises that provide or guarantee half of the mortgages in the United States. As our graph shows, there has been a sharp spike in the implied probability of GSE bankruptcy. Are we prepared for a GSE collapse? How will the mortgage market continue to function?

FT: The way forward for Fannie and Freddie

Barron’s: The Endgame Nears for Fannie and Freddie

U.S. Treasury: GSE Initiatives

WSJ: Truce Time in the Fan-Fred Wars

WSJ: Greenspan Sees Bottom in Housing, Criticizes Bailout