The Obama Administration issued its plan for how to get out of the mortgage business Friday, delivering a report to Congress with a plan to restore private capital to the housing market and ultimately wind down government-backed Fannie Mae and Freddie Mac.

FORBES: Geithner: End Fannie And Freddie's Pricing Advantage

Councillors are being recommended in a report to support the plan at a cabinet committee meeting on 29 January because of the jobs and long term business opportunities it is expected to create.

BBC: Sizewell C proposal