Plans Continue to Wind Down Fannie and Freddie

Don’t understand why they can’t modify what they have vs. rebuilding from scratch.

 

From DS News

Plans to Wind Down Fannie and Freddie Move Forward

Committee chairman Tim Johnson (D-South Dakota) and ranking member Mike Crapo (R-Idaho) of the Senate Banking Committee announced Tuesday plans to move forward on a new proposal to wind down Fannie Mae and Freddie Mac in favor of a new government backstop for private financiers.»READ MORE

 

- Sunil Sethi

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