Friday 31 May 2019

Mortgage guarantors Fannie Mae and Freddie Mac to return to private control

More than a decade after the government seized control of Fannie Mae and Freddie Mac, the Trump administration is finalizing a plan to return the mortgage guarantors to private shareholder membership. That would be a boon for investors who have been banking on the move. The proposal could be on President Trump’s desk for approval in the coming weeks. The plan will likely be a version of what has been called “recap and release,” to […]



source https://therealdeal.com/national/2019/05/31/mortgage-guarantors-fannie-mae-and-freddie-mac-to-return-to-private-control/#new_tab

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