Officials with the Obama administration deny a report in theWashington Post that it has decided to favor restructuring thesecondary mortgage market in a way that will leave intact a strongfederal role.

White House spokesman Matt Vogel called the report that theadministration had chosen any one of the three possible policyoptions that it outlined in February of this year “simplyfalse.”

The first two of its February policy options would haveeliminated the two government-sponsored companies Fannie Mae andFreddie Mac and replaced them with a different institution with amuch smaller government role. The third option would alsoeliminate the two but would replace them with very similarinstitutions.