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Someone wrote in [info]oihjalzfpo,
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Through friends gra super s With the House Financial Services Committee’s recent vote for legislation that would gradually eliminate the government-sponsored mortgage lenders Fannie Mae and Freddie Mac, it’s possible to envision a national debate about the future of housing finance. President Obama finally joined that debate on Aug. 6, when he suggested to an audience in Phoenix that Fannie and Freddie should be replaced with a greater role for private lending. Unfortunately, the president’s plan, which retains a role for the government as ultimate guarantor of the housing-finance system, is faux reform.

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