Sunday, September 8, 2019

Trump administration unveils plan to privatize Fannie Mae, Freddie Mac

WASHINGTON — The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, the two giant mortgage finance companies that nearly collapsed in the financial crisis 11 years ago and were bailed out at a total cost to taxpayers of $187 billion.

Read more... https://www.usatoday.com/story/money/2019/09/05/fannie-mae-freddie-mac-overhaul-plan-privatize-mortgage-companies/2226608001/