Professor Kurt Eggert was quoted in an article in CNN/Money.com, entitled “What Rescue Means for Mortgage Rates,” discussing the impact of the federal takeover of Fannie Mae and Freddie Mac. In the article, Professor Eggert expressed skepticism about the long-term effect of the federal bailout, “If I were an investor, I’m not sure this would be enough to make me want to jump in with a lot of money.” Read article…

Professor Eggert was also quoted in related articles appearing in the New York Times, “Fannie, Freddie and You: What it Means to the Public”; Washington Post, “As Rates Dip, Calls to Banks Pick Up”; San Francisco Chronicle, “Possible Fallout From Fannie, Freddie Bailout”; and Sun-Sentinel, “What Bailout by US Means For You.”