Senate majority leader, Harry Reid, has hinted at prospects for a bill that would maintain Fannie and Freddie's role in America's future housing finance system in an interview with Nevada Public Radio last month. As Corker/Warner loses traction in the Senate, and new bills present more pragmatic solutions to a safe, stable, housing finance system, we should begin to see a slow but healthy entrance of private capital to work alongside Fannie and Freddie -- as many, such as Bank of America, have stated is the most desirable structure...
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