WOODBRIDGE, Va. — A panel discussion in Woodbridge Thursday will take on the topic of replacing government housing lenders Freddie Mac and Fannie Mae with a privately-funded agency, changing the way home mortgages in the U.S. are guaranteed.

The National Council of La Raza is the group holding the discussion, and it is set to include Michelle Maiwurm, Legislative Office of Senator Mark Warner, James Carr, Senior Fellow, Center for American Progress, Father Gerry Creedon, of Catholics for Housing, Mercy Struthers, of Casals Realtors, and Bill Vaughan, Chief Economist, Prince William County Office of Finance, will take up the issue of legislation put forth by Sen. Bob Corker (R-Tenn.) that would create the Federal Mortgage Insurance Corporation, shifting more of the risk of default on mortages from the Federal Government to private industry.