Fannie Mae-No Politics (FNMA)

[capitalismforever]

The option I know of that doesn't privatize Fannie Mae and Freddie Mac but gets them out of the control of government is the rule starting on page 109 of HERA. Upon recievership, a new entity(ies) will be created that bind to the existing charters of Fannie and Freddie and can take control of the existing assets and liabilities. Current shareholders will have no claim to the new entity(ies) and these entities can elect whether to operate as a private or public company by initiating an IPO or not.