Wednesday, 12 June 2019

Trump official to pressure Congress to privatize Freddie and Fannie

A decade after Fannie Mae and Freddie Mac were put under government control, a Trump administration-appointed regulator is stepping in to try again to hand the mortgage finance companies back to the private sector. “If I do nothing and don’t push, then I’m fairly certain Congress will do nothing,” Mark Calabria, the Trump-appointed head of the Federal Housing Finance Agency, said, according to the Wall Street Journal. “They have a lot of priorities, so how […]



source https://therealdeal.com/national/2019/06/12/trump-official-to-pressure-congress-to-privatize-freddie-and-fannie/#new_tab

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