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Peter Schiff Warns Fannie-Freddie Merger Could Create 'Moral Hazard' Bigger Than Great Financial Crisis Era

2025-08-12 15 Dailymotion

Economist Peter Schiff is sounding the alarm on a potential merger of mortgage finance giants, the Federal National Mortgage Association or Fannie Mae, and the Federal Home Loan Mortgage Corp, popularly known as Freddie Mac.<br /><br />According to Schiff, this merger could set the stage for risks that surpass those leading up to the Great Financial Crisis in 2008.

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