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« Sen. Reed Blames Republicans For Slowing Down Extension Of Unemployment Benefits | Main | Law Professor Claims That Privatization of Fannie Mae And Freddie Mac Allow Gov., Private Sector To Do What They Do Best »
Monday
Oct192009

Economist Proposes Replacing Fannie Mae and Freddie Mac With "McGees"

AuthorStaff DateMonday, October 19, 2009 at 5:34PM
Jay Brinkmann, Chief Economist and CEO at the Mortgage Bankers Association, introduces a plan to replace the current government-sponsored enterprises Fannie Mae and Freddie Mac with Mortgage Credit Guarantor Entities, pronounced "McGees." Brinkmann spoke at the Cato Institute on Monday. (0:20)
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