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Fannie and Freddie dissolved?

I was doing a little more research on the new federal housing legislation after posting about it this afternoon and I ran across an interesting concept on the Cato Institute’s website: Get rid of Fannie May and Freddie Mac. Not something that had really crossed my mind, but the author makes some pretty good points. You can take a look for yourself here. I doubt it would happen, but it could work.

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Matt Kastner

Matt Kastner is an Investment Real Estate Consultant at St. Louis Real Estate Society in St. Louis, Missouri. He is also develops properties on the side through Threshold Properties. When he isn’t representing investors in the purchase or sale of multifamily properties, rehabs, foreclosures and other income producing properties, he is often taking on rehab projects himself. He lives in South St. Louis and has been in the real estate business since 2004.

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