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Housing Policy, Subprime Markets and Fannie Mae and Freddie Mac Past, Present and Future of the Government Sponsored Enterprises  Form

Housing Policy, Subprime Markets and Fannie Mae and Freddie Mac Past, Present and Future of the Government Sponsored Enterprises Form

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good morning everybody uh welcome uh my name is Ted g i the vice president and director of economic studies here at the Brookings institution I am very pleased today to introduce today's keynote speaker Mel watt who is the director of the federal Housing Finance Agency we're thrilled to have director watt here today to give us his views on Housing Finance and the direction in which he is taking the fhf we're now approaching 6 years since Fanny May and Freddy Mack were placed into conservatorship much has changed since then including the profit profitability of the companies yet many in many ways their fundamental structure is unchanged while Congress actively debates whether and how to reform our Housing Finance system the decisions that director Wad and the fhfa make are critically important in determining credit availability for our housing market housing affordability and the degree that taxpayers will Beil will bear risk the mortgage Market director watt has

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