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  "documentTitle": "Fannie Mae & Freddie Mac (FNMA / FMCC)",
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  "authorName": "William Ackman",
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      "text": "Prominent market participants, including Fannie and Freddie, have released detailed concerns with recent housing finance proposals",
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      "text": "Recent proposals for housing finance reform: Will fail to obtain the enormous amount of required first-loss capital from the private sector; Will create a new, untested mortgage finance system that will have large unintended consequences; Will result in a mortgage finance system where credit is less affordable and less available than under the current system; Will increase risk to taxpayers",
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