There are reports that the present debate which is going on presently is changing slowly. It is heading towards a way where government might have something nice for Fannie Mae and Freddie Mac.

Earlier in the last month the Treasury Department announced the closing of these two institutions. However, SIFMA on Wednesday discussed that the whole procedure would at least five years or may be more.

"The Treasury and the administration did a very politically astute job with respect to that statement", said Kent Colton, senior fellow at Harvard University's joint centre for Housing Studies, addressing Jeff Foster, a senior Treasury official who had just finished speaking. "One way I've said it is you've called the House Republicans' bluff."

Goodman thinks that Fannie and Freddie will start earning profits from 2013 or 2014. Goodman is only the housing expert who claims that the company would make profits in near future.

Even White House is optimistic regarding the reviving the company. Colin Barr of Fortune. com claims that Freddie would get income and earn profits from the tax-payers money.

Vartanian, a former banking regulator claimed that it is too complicated and that the company is a controversial subject.