Rochester New York Real Estate

Senators Outline Plan to Phase Out Fannie Mae and Freddie Mac

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Monday, March 17, 2014

In this article from CoStar - announcing a bipartisan agreement covering wide-ranging housing finance reform in a proposal that, if fully enacted, would rewrite how the nation’s housing capital markets work. In this version of the script, the nation’s two largest government sponsored enterprises (GSE), Fannie Mae and Freddie Mac, are snuffed out in the end. It’s not likely to be the final version.
For more on this article click on the link below: