Federal Reserve Chairman Ben Bernanke believes lawmakers have multiple options when it comes to replacing troubled mortgage giants Fannie Mae and Freddie Mac.

“There are a variety of organizational forms that might replace Fannie Mae and Freddie Mac that could likely provide mortgage credit without the systemic risks associated with these institutions in the past,” Bernanke said in a set of written responses to Rep. Marcy Kaptur (D., Ohio)  released Friday. Get the full story »