Relevant:
- Cracked Foundation: Reforming Housing Finance
- Fannie, Freddie could need another bailout as risks rise: watchdog
- US Housing is "Comradely capitalism" (PROBLEMS STILL FESTERING; NOW NATIONALIZED)
- Lending Over Backward: FHA Bailout Could Cost $100 Billion
- Fannie-Freddie Bailout Could Cost Taxpayers $1 Trillion
2011-01-07 — thestreet.com
"Despite the fact that America's housing-finance system has cost taxpayers more money than any bank bailout and many consider its flawed structure to be the single biggest contributor to the financial crisis, it seems most people don't know how it works or care how the housing-finance problem is resolved"
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