We’ve covered the Fannie/Freddie issue before — the institutions are still precariously balanced, there’s broad support to overhaul them, but there’s huge debate on exactly how to overhaul them. Housingwire has a blog post that proposes one way to fix the problems, and asserts that it is not, in fact, too late to fix them. This particular proposal comes from The Housing Policy Council, and the blog post does a decent job of summarizing both the problem and their proposed solution. It’s worth a read, just to understand what is being proposed.