{"id":2724,"date":"2009-08-06T12:20:38","date_gmt":"2009-08-06T16:20:38","guid":{"rendered":"http:\/\/blogs-devl.bu.edu\/bunow\/?p=2724"},"modified":"2009-08-07T09:38:50","modified_gmt":"2009-08-07T13:38:50","slug":"remake-fannie-freddie","status":"publish","type":"post","link":"https:\/\/blogs-devl.bu.edu\/bunow\/2009\/08\/06\/remake-fannie-freddie\/","title":{"rendered":"Remake Fannie &amp; Freddie?"},"content":{"rendered":"<p>It&#8217;s <a title=\"reported\" href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2009\/08\/05\/AR2009080504063.html?hpid=topnews\" target=\"_blank\">reported<\/a> that an overhaul of\u00a0mortgage giants Fannie Mae and Freddie Mac\u00a0may be in the works.\u00a0 The Obama administration&#8217;s plan would be to strip them of billions in troubled loans and build a new structure to support the home-loan market.\u00a0 <a title=\"Robert Bench\" href=\"http:\/\/www.bu.edu\/law\/morincenter\/about_us\/documents\/benchbio.pdf\" target=\"_blank\">Robert Bench<\/a>, a former deputy Controller of the Currency, now a senior fellow at the School of Law&#8217;s Morin Center for Banking and Financial Law, thinks a Freddie\/Fannie remake is smart.<\/p>\n<p><em>&#8220;For most of their existence, Fannie and Freddie were utilities that served the public well.\u00a0 If they can return to a &#8216;utility&#8217; culture, deploying conservative lending standards for the benefit of the overall mortgage market, they would accelerate reform and repair of retail mortgage conditions.&#8221;<\/em><\/p>\n<p>Contact Robert Bench, 617-353-5428, <a href=\"mailto:bobbench@bu.edu\">bobbench@bu.edu<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s reported that an overhaul of\u00a0mortgage giants Fannie Mae and Freddie Mac\u00a0may be in the works.\u00a0 The Obama administration&#8217;s plan would be to strip them of billions in troubled loans and build a new structure to support the home-loan market.\u00a0 Robert Bench, a former deputy Controller of the Currency, now a senior fellow at the [&hellip;]<\/p>\n","protected":false},"author":114,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[216,715,716],"_links":{"self":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/2724"}],"collection":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/users\/114"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/comments?post=2724"}],"version-history":[{"count":9,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/2724\/revisions"}],"predecessor-version":[{"id":2729,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/2724\/revisions\/2729"}],"wp:attachment":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/media?parent=2724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/categories?post=2724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/tags?post=2724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}