Headline Details

Trump administration defends Fannie, Freddie overhaul before U.S. Congress

Published on: Tue, 10 Sep 2019 14:58:19 UTC
News Agency: Reuters
Description:
U.S. lawmakers on Tuesday questioned Trump administration officials on their plan to release mortgage giants Fannie Mae and Freddie Mac , the guarantors of over half the nation's mortgages, from government control more than a decade after they were bailed out during the 2008 financial crisis.

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