Housing Finance


, Real Clear Markets
If You Believe In Dodd-Frank, You Can’t Also Believe In Fannie, Freddie
Alex J. Pollock

Members of Congress whose financial markets credo begins with “I believe in the Dodd-Frank Act,” experience severe cognitive dissonance when faced with the systemic financial risk created by…

, The Hill
Fannie Mae and Freddie Mac need to be labeled as systemically important
Alex J. Pollock

The Senate Banking Committee held a hearing this summer on whether Fannie Mae and Freddie Mac should be designated as systemically important financial institutions (SIFIs). Absolutely nobody there,…

, Inside Sources
What Does it Mean for Taxpayers When It’s Always Earthquake Season in California?
R.J. Lehmann & Daniel Semelsberger

From Inside Sources:

In a study released last year, R Street Institute scholars R.J. Lehmann and Daniel Semelsberger found that California is home to approximately two-thirds of Fannie Mea and…

The U.S. can reform housing finance without any action from Congress
Alex J. Pollock

The U.S. came out of the 2007-12 housing bust with a housing finance system even more government-centric than it was before, because the Government completely took over Fannie Mae and Freddie Mac by…

, S&P Global
Uncommon ‘too-big-to-fail’ market utility label possible for Fannie, Freddie

From S&P Global:

“Fannie and Freddie continue to represent giant moral hazard, as they always have,” Alex Pollock, a senior fellow at the Washington think tank R Street Institute, said in an…

Who should pick credit-risk-scoring models?
Alex J. Pollock

American residential mortgage finance is the second-largest credit market in the world, behind only U.S. Treasury debt. Its immense size, at $10.4 trillion in outstanding loans, perhaps alone…

, DS News
Are Fannie and Freddie Systemically Important?

From DS News:
The Senate Committee on Banking, Housing, and Urban Affairs held a hearing on Tuesday titled “Should Fannie Mae and Freddie Mac be Designated as Systemically Important Financial…

, Global Capital Euroweek
Experts tell Senators: ‘No question’ Fannie and Freddie are systemically important

From Global Capital Euroweek:

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…

, National Mortgage News
Lawmakers spar over whether Fannie, Freddie are SIFIs

From National Mortgage News:
Both Douglas Holtz-Eakin, the president of the American Action Forum, and Alex Pollock, a distinguished senior fellow at the R Street Institute, argued that Fannie and…

, Congressional Record
Committee Meetings: Fannie Mae and Freddie Mac

From Congressional Record:
Committee on Banking, Housing, and Urban Affairs: Committee concluded a hearing to examine whether Fannie Mae and Freddie Mac should be designated as systematically…