Government-Sponsored Enterprises (GSEs): An Institutional Overview is one of thousands of documents recently made available on WikiLeaks. A veritable myriad of Congressional Research Service documents offer startling glimpses into the scale and scope of government intrusion in the free markets. Why Did Congress Create GSEs? GSEs were not created for the purpose of expanding home ownership by lower- and middle-income members of the public. Rather, Congress established GSEs "to improve the efficiency of capital markets" and to overcome "statutory and other market imperfections which otherwise prevent funds from moving easily from suppliers of funds to areas of high loan...
