“And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.”
Quote by Franklin Raines
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“And so the danger for the housing industry is if we see interest rates rise.”
“So from the housing standpoint, steady as you go, I think, would be the best medicine.”
“The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid.”
“Well, I think the best form would be to put money directly in the pockets of consumers.”
