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Obama Administration Proposes Fannie Mae, Freddie Mac Phase-Out
Posted by justin_lee | Posted in Freddie Mac, Mortgages, news | Posted on 11-02-2011
I just read this on the Wall Street Journal’s website: the Obama administration is proposing a phase out of Fannie Mae and Freddie Mac.
Have a quick read and then post your thoughts below. I’d love to know if you think that this will help stabilize the economy, and help rebuild the housing market, or just make it more difficult for people to get mortgages and slow down the housing market rebound?
Here’s a link to the article again.
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