The Privatization of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks
Why and How

When Fed chairman Alan Greenspan recently told the U.S. Senate Banking Committee that the privatization of Fannie Mae and Freddie Mac was his "goal," he put the question of privatization on the table, in a serious way, for the first time in many years. Greenspan’s statement has resulted in many editorial endorsements and significantly increased interest in the media, but it has also raised many important questions: how would something like this be done without disrupting the residential-mortgage market, and what would or could the mortgage-finance system look like after privatization? These questions are answered in the plan developed in an AEI project over the last several months. The plan has now been embodied in legislative language, with a section-by-section analysis and a comprehensive statement of why privatization is necessary. The plan has been reviewed and refined through comments at three previous conferences. In this conference, the final proposal and legislation will be discussed.

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About the Author

 

Peter J.
Wallison

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Monday, October 20, 2014 | 2:00 p.m. – 3:30 p.m.
Warfare beneath the waves: The undersea domain in Asia

We welcome you to join us for a panel discussion of the undersea military competition occurring in Asia and what it means for the United States and its allies.

Tuesday, October 21, 2014 | 8:30 a.m. – 10:00 a.m.
AEI Election Watch 2014: What will happen and why it matters

AEI’s Election Watch is back! Please join us for two sessions of the longest-running election program in Washington, DC. 

Wednesday, October 22, 2014 | 1:00 p.m. – 2:30 p.m.
What now for the Common Core?

We welcome you to join us at AEI for a discussion of what’s next for the Common Core.

Thursday, October 23, 2014 | 10:00 a.m. – 11:00 a.m.
Brazil’s presidential election: Real challenges, real choices

Please join AEI for a discussion examining each candidate’s platform and prospects for victory and the impact that a possible shift toward free-market policies in Brazil might have on South America as a whole.

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