主题：del -- MRandson
definition across nations for COMPARISON, therefore, I think Fannie/Freddie are not there. State sponsorship of home ownership is an North American idea.
BTW, Canada also has similar arrangement, it is called CMHC. If you combine CMHC's balance sheet with that of Canadian gov., you can conclude that Canada is the most dangerous nation on the earth in terms of sovereign credit risk.
But it does not make sense.
Fannie/Freddie liabilities have not turn sour all(most are prime 30-year fixed). Actually the most recent 10-year treasury note rate collapse (from 4% to 3.4%) will rescue a big chunk of mortgages and relieve the Fannie/Freddie losses.
European crisis turns out to be America's honeymoon. Previously, I am still concerned at the 2010-mid-year pay-option ARM hit, now it seems a non-event.
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🙂欧洲央行放弃原则援助PIGS的远期后果是什么？ 猪头大将 字30 2010-05-09 22:44:20
🙂long euro now parishg 字138 2010-05-09 22:47:03
🙂美国的数据没有包括两房数据吧 陈王奋起 字0 2010-05-09 05:47:50
🙂OECD must have the same
🙂2010-mid-year pay-option ARM aokrayd 字59 2010-05-11 21:05:11
🙂10-year rate collapsed to3.4 parishg 字140 2010-05-11 22:32:04
🙂now it's lower, at 3 Levelworm 字33 2011-06-19 18:35:31
🙂Hi, Thanks aokrayd 字183 2010-05-12 21:54:27