Allies of former President Donald Trump are developing plans to move government-sponsored enterprises Fannie Mae and Freddie Mac out of federal conservatorship, a long-sought goal of certain politicians and a move that would have a notable impact on the mortgage finance industry. The news was first reported by the The Wall Street Journal (WSJ).
“Former Trump administration figures and bankers have been discussing plans on ending U.S. government control of the mortgage-finance giants should Trump win the presidential election, according to people familiar with the matter,” the Journal reported. “The talks have been under way details ⇒
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