Fannie, Freddie privatization plans unveiled by Trump government

Fannie, Freddie privatization plans unveiled by Trump government

Fannie Mae and Freddie Mac, are mortgage buyer placed under government conservatorship since 11 years after being bailed out by the government in the wake of the 2008 financial crisis. The Trump administration on Thursday proposed a plan to privatize them again.

Chris
Chris
porcus
porcus 5 months

This sounds like it is well overdue. The government should never have bailed out the market during the 2008 crisis; it would have been preferable to have a big shake up in industry.

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