9.1.4: Fannie Mae & Freddie Mac

Wind down Fannie Mae and Freddie Mac in size and scope, and hold their officials to account.

Other Information:

Fannie Mae and Freddie Mac were a primary cause of the housing crisis because their implicit government guarantee allowed them to avoid market discipline and make risky investments. Their favored political status enriched their politically-connected executives and their shareholders at the expense of the nation. Both Fannie Mae and Freddie Mac should be wound down in size and scope, and their officials should be held to account.

Stakeholder(s):

• Fannie Mae


• Freddie Mac

Indicator(s):

Indicator:1

Content