REALTOR Magazine-Daily News-Bye-Bye Fannie, Freddie? What It Could MeanREALTOR Magazine Online: The real estate professional’s business support tool

Your Magazine

Magnifying your voice and celebrating your accomplishments

CURRENT ISSUE

PAST ISSUES

via realtor.org

Bye-Bye Fannie, Freddie? What It Could Mean
The Obama administration announced on Friday plans to reform the housing finance market, including winding down government-controlled mortgage giants Fannie Mae and Freddie Mac and turning most of the market over to the private sector, as well as requiring larger down payments. The White House proposed three approaches to replacing Fannie Mae and Freddie Mac rather than offering up one final plan.