Brief A More Promising Road to GSE Reform
Jim Parrott, Lewis Ranieri, Gene Sperling, Mark M. Zandi, Barry Zigas
Display Date
File
File
Download Report
(144.57 KB)

Jim Parrott, Lew Ranieri, Gene Sperling, Mark Zandi, and Barry Zigas propose to merge Fannie Mae and Freddie Mac into a government corporation that pushes its credit risk into the private market. The authors believe that putting the infrastructure that the market depends on into the public domain and creating a broad and deep market for credit risk will replicate the benefits of the current system while ending its reliance on a too-big-to-fail duopoly.
Research Areas Housing finance Housing
Tags Federal housing programs and policies Housing markets Housing and the economy Single-family finance Agency securitization Housing finance reform Homeownership Finance
Policy Centers Housing Finance Policy Center
Related content