Read it allThe Obama Administration released an outline this morning on winding down Fannie and Freddie, and for the future of government involvement in the housing finance market.
Here is the Treasury press release on Fannie and Freddie. And here is the report.
The wind down of Fannie and Freddie will be slow and take a number of years, but the key question is what, if anything, will replace them? The plan offers three options
Friday, February 11, 2011
Calculated Risk: Options for the Long-Term Structure of Housing Finance
Great Article on the separation of the Federal government from the mortgage finance market.