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  "documentTitle": "Fannie Mae & Freddie Mac (FNMA / FMCC)",
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  "authorName": "William Ackman",
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  "presentationDate": "2014-05-05 00:00:00",
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      "text": "We welcome additional alternatives to fund affordable housing, and believe our recommendation to reform the GSEs provides the largest potential source of funds for affordable housing",
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      "text": "We believe affordable housing is extremely important. Our recommendation provides an opportunity to fund affordable housing through a variety of potential alternatives",
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      "text": "A portion of the $240 to $420bn of future taxpayer profit could be allocated to fund affordable housing\nA surcharge could be implemented on newly issued MBS\nThe GSEs could contribute a portion of their profits above an ROE threshold\nA portion of the $15bn and growing annual tax revenue from the GSEs could be allocated to fund affordable housing",
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      "text": "Thoughts on Affordable Housing",
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