A risk to manage when releasing Fannie Mae and Freddie Mac from conservatorship is the “race to the bottom” that led to the 2008 financial crisis, according to a new paper published by the National Housing Conference (NHC).

Following consultations with more than 100 leading policy experts and stakeholders, the NHC on Tuesday released a proposal that outlines a path for privatizing the government-sponsored enterprises (GSEs).

“After 16 years of limbo, the time has come to move beyond conservatorship with a transparent, thoughtful and nonpartisan plan that addresses the remaining details ⇒

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