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How the government took over Fannie and Freddie
Sep 6, 2018

How the government took over Fannie and Freddie

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A decade ago this week, the government agreed to take over Fannie Mae and Freddie Mac to help stabilize the housing market. We'll take a look back at how it all happened and interview Freddie's CEO. But first: Wage growth is sluggish by most measures, but a new report from the White House says those figures don't tell the whole story. Plus: What have we learned a year after the Equifax data breach? 

Segments From this episode

Chegg's CEO says higher ed isn't set up for today's students

Sep 6, 2018
Dan Rosensweig saw a market in supporting modern college students.
Sarah Kerver/Getty Images for Chegg.com

There's a new generic drugmaker in town, and it doesn't need to turn a profit

Sep 6, 2018
Across the country, hospitals and clinics are dealing with a really difficult problem: Sometimes they can’t get their hands on certain life-saving generic drugs. So one group of large hospital systems, including the Mayo Clinic and Intermountain Healthcare, has come up with a workaround. It’s created a nonprofit company called Civica RX that will make […]

Fannie Mae and Freddie Mac, 10 years after the bailout

Sep 6, 2018
Why are the mortgage giants still under government control?
Mortgage finance company Freddie Mac says rates on 30-year fixed mortgages fell below 3% this week. For some people, that's a chance to refinance.
Win McNamee/Getty Images

White House pushes rosier wage-growth measure

Sep 6, 2018
A Council of Economic Advisers report argues Americans’ inflation-adjusted compensation is rising more than wage data in the monthly jobs report show.

The Equifax breach happened a year ago. If you’re still frozen, you’re not alone.

Sep 6, 2018
Many consumers are keeping their credit frozen, just to be safe.
Leon Neal/Getty Images

A decade ago this week, the government agreed to take over Fannie Mae and Freddie Mac to help stabilize the housing market. We’ll take a look back at how it all happened and interview Freddie’s CEO. But first: Wage growth is sluggish by most measures, but a new report from the White House says those figures don’t tell the whole story. Plus: What have we learned a year after the Equifax data breach? 

Music from the episode

Divina Toro y Moi
Lucky Numbers Generationals
Chicago Falcon The Budos Band