We allowed a quasi-political Government-Sponsored Enterprise here to borrow at a much lower rate in the market.
Editor's note · Context
Castle criticizes the advantages given to GSEs in borrowing.
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More from Michael Castle
I think we need to be very careful about how encroaching we are being with respect to dictating in terms of corporate structures and corporate methodologies involving the Federal Government.
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I am concerned that the Federal Government is getting more and more involved in the running of corporations.
While the GSEs are important, we also need to consider other aspects of housing finance and their role in the market moving forward.





