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Fannie, Freddie Overhaul Could Cost $685 Billion

Wall Street Journal Original article ›

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The total cost to rescue and overhaul Fannie Mae and Freddie Mac could be about $658 billion, according to estimates by Standard and Poor's. The cost so far is $134 billion. S&P estimates show that the government may have to inject an additional $280 billion into Fannie and Freddie because of the continuing housing crisis. Analysts estimate that it would cost an additional $400 billion to adequately capitalize any new entities that take the place of Fannie and Freddie.

Fannie and Freddie in 2010-2011

06/19/2010

The growing US governmet liability for Fannie and Freddie -companies that fueled the housing bubble with their implicit governmet guarantees to investors in housing mortgages. The cost of rescue has reached $146 billion and according to the Congressional Budget Office could have eventual cost of $389 billion.

Grouped Articles

Fannie Mae and Freddie Mac: Unfinished business

Economist 07/24/2010

Cost of Fannie And Freddie Keeps Rising

New York Times 06/19/2010

Fannie, Freddie Elicit Grim Forecast

Wall Street Journal 10/22/2010

What Fannie and Freddie Might Cost the Taxpayers

New York Times 10/21/2010

Housing Gloom Deepens

Wall Street Journal 10/26/2010

Mugged by the Debt Moralizers

New York Times 10/31/2010

Takeover of Fannie and Freddie by the government

09/08/2008

The weeks before the takeover and the work of Secretary Paulson and Ben Bernanke.

Grouped Articles

Fannie, Freddie Payments Nearly Match Aid

Wall Street Journal 11/08/2013

White House Rejects Fannie-Freddie Recapitalization Plans

Wall Street Journal 11/23/2013

Plan for Mortgage Giants Takes Shape

Wall Street Journal 03/12/2014

Putting the Hit on Fannie, Freddie

Wall Street Journal 03/12/2014

Senators Draft Housing Finance Overhaul

New York Times 03/11/2014

Few Stand to Gain on This Bailout, and Many Lose

New York Times 09/08/2008

The total cost to US taxpayers for Fannie and Freddie.

01/12/2009

The total cost could be $658 billion, according to a Standard and Poor's estimate in late 2010. And prove very costly for taxpayers in the USA. The government put the agencies in conservatorship during the housing crisis of 2008.

Grouped Articles

Heavens, Not Havens

New York Times 04/13/2013

Freddie's Profit Soars on Housing Rebound

Wall Street Journal 05/08/2013

Fannie Mae to pay $59.4B to Treasury - The Washington Post

Washington Post 05/09/2013

Fannie Chief: Payout Must Not Delay Revamp

Wall Street Journal 05/10/2013

Fannie, Freddie Payments Nearly Match Aid

Wall Street Journal 11/08/2013

White House Rejects Fannie-Freddie Recapitalization Plans

Wall Street Journal 11/23/2013


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