The Wills report has been able to collect a few experts’ views ever since the show began regarding further actions to be taken concerning Fannie Mae and Freddie Mac. But, it seems that there are too many suggestions on the same topic.

The Federal Housing today has released its foremost ‘conservator’s report’ concerning Fannie and Freddie.

Talking of the exhaustive examination of the Freddie and Fannie, a review can be taken.

By the end of the year 2007, Fannie and Freddie jointly owned a capital worth $71 billion.

However, after that the two have only seen $226 billion being flushed out in capital. Fannie Mae lost $126 billion and her mate lost $90 billion. This ultimately encouraged the Treasury Department to direct $148 billion, up to now, into the chunks.

Over 70% of the capital lost was due to the lost funds on their core business, which is the major reason why Fannie and Freddie had been created.

They had been working as a strong device for social engineering set up by Congress, which in actuality was recognized as the Federal Housing Enterprises Financial Safety and Soundness Act.

In a paradoxical way, this move turned the market over its head.

For now, Fannie Mae’s negligence rates started back from 1% at the beginning of the recession, to arrive at 5% in the previous year.