Fannie Mae Predicts Continued Fall in Housing Prices

Fannie Mae’s CEO recently stated that home prices are predicted to fall as much as 25% more before the crisis is over. Despite the struggling market, Fannie Mae will be able to hold its own to wait out the storm, and even expand business in the meantime. Recently, regulators enabled Fannie Mae and Freddie Mac to play a larger role in supporting the housing market, by expanded both of their capital requirements.

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