Fannie Mae & Freddie Mac ‘Recap and Release’ Touted by Former White House Advisors

The MReport - November 12, 2015 - November 12, 2015

By Scott Morgan

A pair of former advisors to the Clinton and Obama administrations recently laid out plans to bring the contentious “recap and release” proposal to recapitalize the GSEs and release them from government conservatorship to reality.

Robert Shapiro, a former official in the Clinton administration and current advisor to senior members of the Obama White House, and Elaine Kamarck, a Harvard lecturer and one-time advisor to Vice President Al Gore, released “A Strategy to Promote Affordable Housing for All Americans by Recapitalizing Fannie Mae and Freddie Mac” Tuesday, a 53-page treatise that outlines four key components to the recap and release proposal.

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