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CIAO DATE: 07/05
Addressing the Real Public Risk from Fannie Mae and Freddie Mac
On the Issue
April 2005
James R. Lilley
The American Enterprise Institute for Public Policy Research
Abstract
Curtailing the ability of Fannie Mae and Freddie Mac to hold mortgages and mortgage-backed securities will lower the risks these two government-sponsored enterprises pose to taxpayers and the economy yet will not undermine whatever support they give to the residential housing market.
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