Mises Daily
Author:
Robert Blumen
Online Publish Date:
economist Hernando de Soto to further argue that Fannie is strengthening capital markets and promoting entrepreneurship. But can Fannie Mae really make housing more purchase, retain, or guarantee more than 70 percent of the conforming mortgage market. Mortgages are originated by retail institutions such as banks. Fannie to start or expand a business. The entrepreneur always faces a risk of business failure.The borrower could reduce this risk to the lender’s principal by putting up