Why Fannie and Freddie Cannot Be Recapitalized
Wall Street Journal, Apr. 4, 2016–Carney, John
The chances of Fannie Mae and Freddie Mac being released from conservatorship are extremely low, Carney says. A far more probable outcome: that they get wound down and replaced by a new system, perhaps along the line of the National Mortgage Reinsurance Corporation recently outlined in a paper by Jim Parrott, Lew Ranieri, Gene Sperling, Mark Zandi and Barrry Zigas.
