Some Think GSEs May Benefit from B&C Crisis.

The article provides updates concerning subprime market in the U.S. give government-sponsored enterprises (GSE) advocates have hoped that the turmoil in the subprime market will hinder Congress to pass legislation which imposes higher-capital requirements on Fannie Mae and Federal Home Loan Mortgage Corp. According to consultant Howard Glaser, the meltdown in the subprime market reminds people of the stabilizing role the GSE play in the prime market and the risks in the non-GSE sector.