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Home » Store » News » Economists Suggest Scaled-Back, Smaller, Privatized GSEs Sans Portfolios, and Private Sector Competitors

Economists Suggest Scaled-Back, Smaller, Privatized GSEs Sans Portfolios, and Private Sector Competitors

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A pair of moderate Republican economists has come up with a comprehensive plan to restructure Fannie Mae and Freddie Mac into privatized entities with only one raison d’être: providing support for conforming mortgage markets. “Under our proposal, Fannie and Freddie would emerge from conservatorship as fully private companies, with a simpler mandate: to securitize and guarantee...
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