Relevant:
- Paul Ryan favors dissolving Fannie Mae and Freddie Mac
- Freddie Mac and Fannie Mae Quick Fix Could Cost Taxpayers
- The Trump Admin's Fannie and Freddie "Reform" Plan is A Cronyism Rehash
- Fannie, Freddie Have `Explicit Guarantee,' FHFA Says
- Fannie, Freddie to Raise Fees in Effort to Encourage Competition - American Banker Article
2012-08-14 — housingwire.com
"Taxpayers' exposure to Fannie and Freddie, once an implicit guarantee, has now become an explicit obligation to cover its debts," Ryan wrote in his plan. "The housing-finance system of the future will allow private-market secondary lenders to fairly, freely and transparently compete, with the knowledge that they will ultimately bear appropriate risk for the loans they guarantee. Their viability and profitability will be determined, not by political favoritism, but by the soundness of their practices and the value of their services."
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