National Real Estate Investor
By Bendix Anderson
Ten years after the federal government seized control of Fannie Mae and Freddie Mac, both Congress and President Donald Trump are calling for change for the two mortgage giants.
"The President is directing relevant agencies to develop a reform plan," said the White House in a March 27 letter that called on legislators to "end the conservatorship of Fannie Mae and Freddie Mac."
Not to be left out of the process, the chairman of the Senate Banking Committee, Sen. Mike Crapo (R-Ind.), released his own outline for reform and privatization. Read more.