What Should Replace Fannie and Freddie?

Online registration for this event is closed. Walk-in registrations may be accepted.

Video of this event will be livestreamed online at http://www.american.com/watch/aei-livestream


Republican members of Congress stress that addressing Fannie Mae and Freddie Mac is an essential part of creating a better housing finance market for the future. The Democratic administration is committed to publishing a plan this month. With even Representative Barney Frank (D-MA) saying Fannie and Freddie should be "abolished," everyone agrees that the old government-sponsored enterprise model should be replaced. But with what? Many voices plead for one form or another of continuing government guarantees of mortgage loans. Is this really necessary, and why? A common argument is that only government involvement can preserve the thirty-year fixed-rate mortgage. Is that true? Our expert panel will debate what should be done about Fannie and Freddie and the financially huge, politically charged mortgage finance sector in general.
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About the Author

 

Peter J.
Wallison

 

Alex J.
Pollock
  • Alex Pollock joined AEI in 2004 after thirty-five years in banking. He was president and chief executive officer of the Federal Home Loan Bank of Chicago from 1991 to 2004. He is the author of numerous articles on financial systems and the organizer of the “Deflating Bubble” series of AEI conferences. In 2007, he developed a one-page mortgage form to help borrowers understand their mortgage obligations. At AEI, he focuses on financial policy issues, including housing finance, government-sponsored enterprises, retirement finance, corporate governance, accounting standards, and the banking system. He is the lead director of CME Group, a director of Great Lakes Higher Education Corporation and the International Union for Housing Finance, and chairman of the board of the Great Books Foundation.

    CLICK HERE TO DOWNLOAD ALEX POLLOCK'S ONE-PAGE MORTGAGE FORM
  • Phone: 2028627190
    Email: apollock@aei.org
  • Assistant Info

    Name: Emily Rapp
    Phone: (202) 419-5212
    Email: emily.rapp@aei.org

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