Release Fannie Mae and Freddie Mac from conservatorship. Don't wind them down. End the treasury sweep of their profits.

The GSEs are vital to maintain liquidity and stability in the housing market. In 2008, the GSEs (Fannie Mae and Freddie Mac) were put in conservatorship and received $187 billion in taxpayer dollars. This enabled the GSEs to provide liquidity to the housing market and prevent the great recession from becoming a great depression. The GSEs have paid the taxpayers back with interest, $204 billion, and Fannie Mae is still the leading provider of liquidity in the housing market. It has funded over $4 trillion in loans since 2009. The GSEs have helped millions of Americans avoid foreclosure, and millions more obtain affordable 30-year mortgages. This drives the housing market and powers our economy. Don't eliminate the GSEs and gift their business to the big banks that caused the recession.