Sunday, July 20, 2008

Fannie, Freddie and US Mortgage

US Mortgage market is USD 12trn
Fannie and Freddie holds 40% of mkt ie USD 5trn

Of USD 12trn, 1.5trn is mortgage related securities

2 comments:

Sechai said...

It costs a lot to rescue them,
but it costs even more if don't.

Jay said...

That is very true. The question is how many others need rescuing?