In the News Experts tell Senators: ‘No question’ Fannie and Freddie are systemically important
While Holtz-Eakin and R Street Institute senior fellow Alex Pollock agreed on the SIFI designation, a dissenting view was represented by Susan Wachter, professor of real estate and finance at The Wharton School of the University of Pennsylvania…
“Susan’s SIFMU argument is misdirected at the wrong part of Fannie and Freddie,” countered Pollack. “Title VIII is directed at clearing houses”¦Fannie and Freddie are hyper leveraged risk takers on an incredible scale. That is a Title I issue.”
