I would like to discuss this from an international perspective. But also with a focus on the Netherlands. Imagine it’s the year 2030: the seventeen UN Sustainable Development Goals have been achieved. All seventeen of them. Imagine how our world would be then. No poverty. Zero hunger. All people equal. No more climate crisis.
As Freddie's CEO argued at that time, by financing mortgages with mortgage-backed securities sold to investors rather than with a portfolio, Freddie avoided interest rate risks and thus could keep mortgages flowing when depository institutions were suffering an interest rate squeeze.5 Moreover, Freddie's 1990 annual report stated that Freddie could provide ample liquidity to mortgage markets and make profits by financing mortgages with mortgage-backed securities sold to investors rather than by holding a mortgage portfolio.