Jeff and Mark sit down with Ed Pinto, Co-Director of the American Enterprise Institute's Housing Center, to talk about Fannie Mae, Freddie Mac, and appraisal waivers. They explore how the waiver system could be "gamed" during loan applications. Pinto also shares the history of the GSEs, including their time under conservatorship, and makes a bold prediction as President-Elect Trump prepares to take office in January 2025.