Brief The Trump Administration’s Perplexing Plans for Fannie and Freddie
Laurie Goodman, Jim Parrott, Mark M. Zandi
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The Treasury Department offers a plan to reduce the dominance of Fannie and Freddie and release them from conservatorship. The authors explain why the plan is based on a misconception of the source of the GSEs’ dominance and would result in less access to mortgage credit, greater risk to the taxpayer and no end in sight for the system’s reliance on a too-big-to-fail duopoly.
Research Areas Wealth and financial well-being Housing finance Housing
Tags Federal housing programs and policies Asset and debts Housing and the economy Multifamily finance Single-family finance Agency securitization Housing finance reform Financial products and services Finance
Policy Centers Housing Finance Policy Center