Have We Just Shifted the Mortgage Debt Burden?

A recent Washington Post article brings up how deeply involved the Federal government has become in the current housing market. In order to keep the mortgage markets from freezing up during the dire days of the housing crash, the government stepped in and took over Fannie Mae and Freddie Mac, two of the nation's largest mortgage financiers. “While this made it possible for many borrowers to keep getting loans and helped protect the housing market from further damage, the government's newly dominant Read more [...]