US Op-Ed: To reform the housing market, get rid of these two bloated behemoths
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News of a bipartisan effort underway in the U.S. Senate to reform the housing finance industry is a welcome development, but the devil is in the details.
Almost a decade after the financial crisis, in addition to repairing damage caused by the flawed Dodd-Frank law, policymakers must work swiftly to wind-down Fannie Mae and Freddie Mac, the two institutions at the heart of the last financial crisis.
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Source : US Op-Ed: To reform the housing market, get rid of these two bloated behemoths