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Fannie/Freddie "Reform" Discussion Heats Up Again
Wednesday, December 19, 2018
The debate has opened again on the
fate of Freddie Mac and Fannie Mae (the GSEs).
Ten plus years after the two were
put in federal conservatorship at the start of the housing crisis the issue of
what to do with them and when never seems to come any closer to
resolution. With the expiration of Melvin
Watt's five-year term as director of the Federal Housing Finance Agency (FHFA) approaching
and a nominee awaiting confirmation, the various sides are dragging out their
arguments and their not insignificant biases.
Solutions however are hazy at best.
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