Peter Schiff Warns Fannie-Freddie Merger Could Create 'Moral Hazard' Bigger Than Great Financial Crisis Era
Economist Peter Schiff is sounding the alarm on a potential merger of mortgage finance giants, the Federal National Mortgage Association (OTC:FNMA) or Fannie Mae, and the Federal Home Loan Mortgage Corp (OTC:FMCC), popularly known as Freddie Mac.
Benzinga ·