Investors Unite Executive Director Tim Pagliara will host a teleconference on Oct. 29 at 3 pm EDT to discuss a provocative new white-paper analysis on the future of Freddie Mac and Fannie Mae.
The paper is authored by senior risk-management expert and University of Maryland business professor, Clifford Rossi.
Titled “Forging a Path Out of Conservatorship for Fannie Mae and Freddie Mac,” the paper demonstrates how the Federal Housing Finance Agency has the statutory authority to end the conservatorship — despite the fact that after six years, and $218 billion in realized profits offsetting the government's 2008 cash infusion, it has refused to do so.
Pagliara, Rossi and restructuring expert Matt Seu will discuss how FHFA can release Fannie and Freddie from the conservatorship and begin the process of re-capping and reforming them.
Panelists will respond to Rossi's proposals and address key challenges and solutions to ending the conservatorship.
Pagliara is Executive Director of Investors Unite, a Fannie Mae and Freddie Mac shareholder, and Chairman and CEO of CapWealth Advisors.
Rossi is founder and principal at Chesapeake Risk Advisors and Executive-in-Residence & Professor of the Practice at the Robert Smith School of Business, University of Maryland. Prior to entering academia, Rossi had nearly 25 years' experience in banking and government as a senior risk management expert for the largest financial services companies and for Fannie Mae and Freddie Mac.
Seu serves as Principal with Actualize Consulting, focusing on mortgage and fixed income practice areas and managing the firm's accounts on the GSEs.