This book argues that privatization of the government-sponsored enterprises is the only viable way to protect the taxpayers and the economy.

Fannie Mae and Freddie Mac have aggressively used their government support to achieve extraordinarily high profitability and domination of the residential mortgage market.

At a time when Fannie Mae and Freddie Mac are in serious financial difficulties, the Federal Deposit Insurance Corporation (FDIC) and the Treasury Department have both indicated that covered bonds might be an important new way to finance mortgages in the United States. Covered bonds are used extensively and successfully...

In their February 2000 monograph, Nationalizing Mortgage Risk, Peter J. Wallison and Bert Ely projected that, in order to meet the 15 percent annual rate of profit growth promised to Wall Street, Fannie Mae and Freddie Mac would have to hold or bear the credit risk of almost...

In their new book, Peter J. Wallison, Thomas H. Stanton, and Bert Ely argue that Fannie Mae and Freddie Mac should be privatized.

Subsidizing individuals with high expected health costs is an effective way to increase the private insurance coverage of other high-cost individuals.

In response to heightened competition, the larger insurance companies and various insurance industry groups have become interested in the concept of federal chartering and regulation.

Sallie Mae (the Student Loan Marketing Association) was privatized in 1996, making it the first government-sponsored enterprise (GSE) to be spun off by the federal government with a sunset on its government charter. What has been the result and what can we learn from it? In a new study for...