We’d love to hear your solution too.
Some business school should take the weekend, throw a party, and put something together on this for Monday. Who knows? That’s about where we are with solving the Freddie/Fannie issue and we bet Mr. Kudlow would appreciate this approach.
The document directs the Treasury Department and Department of Housing and Urban Development to propose reforms for Fannie Mae, Freddie Mac and related programs, and deliver them “as soon as practicable….” Proposals should have “comprehensive” goals to end the conservatorship, promote competition and encourage sustainable homeownership, the White House said, with options the administration could pursue by itself or through congressional legislation.