Matt Levine, Columnist

Mortgage Finance and Taxing Wealth

Also various Trumpy stuff, insider trading, market structure, Jacob Wohl, and absolutely no bond market liquidity.

December 1, 2016 at 2:15 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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GSE reform and whatnot.

There is a lot of unclear thinking about Fannie Mae and Freddie Mac, so let's make some lists. There are three main choices for how they can work: