Trump Plan For Home Loans Rattles Watchdogs
The administration unveiled a plan to reprivatize Fannie Mae and Freddie Mac that has lending advocates worried. But any changes are likely to be gradual.
by Chris Arnold
Sep 06, 2019
2 minutes
At its heart, the new Trump administration plan for the home loan market aims to change the rules for the mortgage giants Fannie Mae and Freddie Mac. The two companies are the bedrock foundation for home mortgages in the U.S.
The government created them decades ago to provide a federally backed guarantee
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