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What President-elect Obama will do to improve housing

November 6, 2008

...Then there's the question of what direction to take Freddie Mac and Fannie Mae, perhaps the most important housing policy decision on the horizon, said Gary Painter, director of research at the University of Southern California's Lusk Center for Real Estate. The two are currently under government conservatorship; it's possible they could stay under government control, become totally private companies or return to private-public hybrids...