Is Obama's Strong Housing Finance Stand for Real or a Political Play?

By artappraiser on Sun, 02/13/2011 - 11:28am |

By Daniel Indiviglio, The Atlantic, February 13, 2011

On Friday, the Obama administration released a surprisingly strong housing finance policy report. It explains a general process to wind down Fannie Mae and Freddie Mac, and offers three alternatives for how to conduct housing finance policy without them. Each option has pros and cons, but put together they lean firmly towards free-market ideals, which arguably makes the report one of the clearest signals of President Obama's move to the center yet.

Or does it? While these three options could genuinely attest to the administration's dedication to free market principles, they could also be strategically designed to achieve some political end. There are at least three possibilities here....

URL:

http://www.theatlantic.com/business/archive/2011/02/is-obamas-strong-housing-finance-stand-for-real-or-a-political-play/71173/