Fannie Mae-No Politics (FNMA)

[obiterdictum]

The Future of Fannie Mae and Freddie Mac:
A Conversation with the Federal Housing Finance Agency’s Mel Watt

DATE: May 13, 2014
TIME: 9:30 AM - 11:00 AM EDT
LOCATION: Brookings Institution, Falk Auditorium, 1775 Massachusetts Avenue, N.W., Washington, DC

http://www.brookings.edu/events/2014/05/13-future-fannie-mae-freddie-mac

Summary

Five years after being placed into conservatorship by the Federal Housing Finance Agency, the housing Government-Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac, are again profitable, and have paid dividends in excess of the $187 billion in taxpayer support that was provided to maintain their solvency. But the structure of these GSEs and their roles in the mortgage finance market remains largely unchanged since pre-crisis days. Is the time ripe to revisit their breadth, goals and structure? What should the future of housing finance look like? What should be the GSEs’ roles in supporting the still recovering housing market?

On May 13, the Economic Studies program at Brookings will host a conversation with Mel Watt, the new director of the Federal Housing Finance Agency, on managing Fannie Mae and Freddie Mac in the present and the 2014 strategic plan for the conservatorship of Fannie and Freddie. Watt will be followed by a panel of housing and consumer experts to discuss the state of the housing market, the GSEs’ role in it, as well as the current reforms pending in Congress. Vice President and Director of Economic Studies Ted Gayer will serve as moderator for Director Watt’s keynote address; Wall Street Journal reporter Nick Timiraos will moderate the panel. Speakers will take questions from the audience.

EVENT AGENDA

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Welcome and Keynote Moderator
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Ted Gayer
Vice President and Director, Economic Studies
Joseph A. Pechman Senior Fellow
@tedgayer

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Keynote Address
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Mel Watt
Director
The Federal Housing Finance Agency

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Panel Discussion
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MODERATOR
Nick Timiraos
Reporter
Wall Street Journal
View Bio - http://topics.wsj.com/person/T/nick-timiraos/5585

PANEL
Mark Fleming
Chief Economist
CoreLogic
View Bio - http://www.corelogic.com/blog/authors/mark-fleming/

Michael D. Calhoun
President
Center for Responsible Lending
View Bio - http://www.pli.edu/Content/Faculty/Michael_D_Calhoun/_/N-4oZ1z13c41?ID=PE674642

Phillip Swagel
Professor in International Economic Policy
University of Maryland School of Public Policy
View Bio - https://www.publicpolicy.umd.edu/faculty/phillip-swagel

Mike Malloy
Mortgage Policy and Counterparty Relations Executive
Bank of America

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Event Registration
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LIVE WEBCAST -- The Future of Fannie Mae and Freddie Mac
A Conversation with Federal Housing Finance Agency Director Mel Watt

Where: http://www.brookings.edu/events/2014/05/13-future-fannie-mae-freddie-mac

Speakers will take questions from the audience. Follow the conversation on Twitter at #USHousing.

Register to attend the event in person » - http://connect.brookings.edu/register-to-attend-housing-finance-watt - fill in information on the left.