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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Please join us for the third-annual Walter Berns Constitution Day Lecture as James Ceasar, Harry F. Byrd Professor of Politics at the University of Virginia, explores some of the Constitution’s most significant contributions to political theory, focusing on themes that have been largely unexamined in current scholarship.
We invite you to join us for this year’s international conference on housing risk — cosponsored by the Collateral Risk Network and AEI International Center on Housing Risk — which will focus on new mortgage and collateral risk measures and their applications.
Please join us as Speaker John Boehner (R-OH) delivers his five-point policy vision to reset America’s economy.
Please join us as a panel of distinguished experts explore the implications of the report and the consumer role in shaping the future of Medicare.