The Trump administration’s plan to return Fannie Mae and Freddie Mac to private ownership, which the president has called a “pretty urgent” issue, may come with some politically inconvenient truths for 2020. Mark Calabria, the new director of the Federal Housing Finance Agency, insists that the companies raise capital buffers before his agency releases them from government control. One result of these requirements will likely be higher fees for lenders that the companies insure, which […]
source https://therealdeal.com/national/2019/06/04/trumps-move-to-take-fannie-and-freddie-private-could-mean-higher-mortgage-costs/#new_tab
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