15 Minute News 15 Minute Fun
Follow Us
Sign In
Sign In
to Comment, Vote &
Create Storyboards.
Trump administration plan aimsThe Treasury Department on Thursday released a plan aimed at overhauling the U.S. housing market, which calls for the government to relinquish control over Fannie Mae and Freddie Mac in order to privatize the mortgage buyers. Fannie Mae and Freddie Mac back half of the country's mortgages, and have been under government conservatorship since the 2008 financial crisis. Under the Trump administration plan, Freddie Mac and Fannie Mae would be privatized again, and required to pay a fee for government protection. This approach does not require any approval from Congress, and the plan doesn't detail what will happen to the government's stakes in...
6
views
0
likes
0
dislikes


Storyboard
Print


Share this Article



Similar Articles
Comments


Please Sign In to comment


##username##
##datetime##
##comment##
##commentlikeno##Likes
##commentdislikeno##Dislikes




Terms & Conditions | About | Enquiries | Advertise