Release Freddie Mac and Fannie Mae from Federal Government Conservatorship WE, the undersigned, hereby petition our U.S. Federal Government and our President Obama for the immediate release from Federal Government Conservatorship for Freddie Mac and Fannie Mae, by Executive Order of President Obama, or Director Melvin Watt, or any other means whereby full and immediate release from conservatorship would be effected.
Whereas: the extraordinary economic circumstances under which the conservatorship of Freddie Mac and Fannie Mae might have been necessary have passed, Freddie Mac and Fannie Mae have fully repaid the Federal Government every dollar provided, further conservatorship serves no useful purpose; for these and other compelling reasons the conservatorship of Freddie Mac and Fannie Mae should be ended immediately.