Bring More Private Capital into Housing Finance System to Reduce Taxpayer Risk

Mel Watt, Director, FHFA: Our second strategic goal is focused on ways to bring additional private capital into the system to reduce taxpayer risk. The goal focuses on ways to scale back Fannie Mae's and Freddie Mac's overall risk exposure. http://www.brookings.edu/events/2014/... On May 13, the Economic Studies program at Brookings hosted a conversation with Mel Watt, the new director of the Federal Housing Finance Agency, on managing Fannie Mae and Freddie Mac in the present and the 2014 strategic plan for the conservatorship of Fannie and Freddie.