President Trump is expected to sign a memo on Wednesday calling for an end to the federal conservatorship of the Fannie Mae and Freddie Mac mortgage guarantors, Housing Wire reported. In 2008, the two government-sponsored enterprises were brought into conservatorship during the financial crisis by the Obama administration, their profits eventually siphoned off by the U.S. Treasury, effectively limiting the number of mortgages they can guarantee in a given year. Trump officials have previously gestured […]
source https://therealdeal.com/2019/03/27/trump-admin-moves-to-end-conservatorship-of-freddie-fannie/
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