Third, the large government-sponsored mortgage enterprises, Fannie Mae and Freddie Mac, should be used as macroeconomic-policy tools to restore housing construction to its long-term trend level. This should have been done five years ago, but better late than never.
第三，政府资助的大型抵押贷款企业房利美和房地美应当发挥宏观经济政策工具的作用，让住房建设恢复到其长期趋势水平。原本五年前就应当这样做，但亡羊补牢、犹未为晚。