Sunday, March 16, 2014

Senate lawmakers unveil bill to end Fannie, Freddie

Senate lawmakers unveil bill to end Fannie, Freddie

The 442-page bill, introduced by the heads of the Senate Banking Committee, Sens. Tim Johnson (D., S.D.) and Mike Crapo (R., Idaho), would construct an elaborate new platform by which a number of private sector entities, together with a government-administered utility, would replace key roles long played by Fannie and Freddie. 

RIP Housing market...

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