Additionally, the White House said in an earlier press release that Obama supports more private capital in the mortgage system and an “end [to] the failed Fannie /Freddie duopoly business model.”
Ed Royce: house republican
“As a longtime advocate of eliminating the failed duopoly that is Fannie Mae and Freddie Mac, I look forward to completing the unfinished work of financial reform and passing legislation that returns long-term stability to the housing market.
Now is that not interesting. Both are direct quotes.
So are they going to close Fannie and Freddie OR try to remove the Duopoly status?
Allow the option for the integration of additional market participants in a future system.
Eliminating the duopoly!