This is the third and final event in AEI's project on the privatization of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. At this event, housing market experts will comment on and critique a proposed privatization plan and a plan for improving the residential mortgage market through Mortgage Holding Subsidiaries. The original plans have been revised to take into account the comments at the first and second conferences, held on October 27, 2003, and January 12, 2004. If successfully concluded with draft legislators, this research initiative will give the administration and Congress an alternative to the regulatory approach currently under consideration.