UPDATE 1-Trump administration defends Fannie, Freddie overhaul before U.S. Congress
U.S. lawmakers on Tuesday
questioned Trump administration officials on their plan to
release mortgage giants Fannie Mae and Freddie Mac
, the guarantors of over half the nation’s mortgages,
from government control more than a decade after they were
bailed out during the 2008 financial crisis.
questioned Trump administration officials on their plan to
release mortgage giants Fannie Mae and Freddie Mac
, the guarantors of over half the nation’s mortgages,
from government control more than a decade after they were
bailed out during the 2008 financial crisis.
Posted by Reuters
