Or, to re-phrase the headline in a more boring way: What, if anything, should replace Fannie Mae and Freddie Mac?
It's a hugely important question. The bailout of the two companies has cost taxpayers well over $100 billion.
And the mortgage market is still being propped up by the federal government. For roughly 90 percent of the new mortgages being issued in this country, taxpayers are on the hook if borrowers don't pay.