Six options seen for Fannie, Freddie

GSEs not part of proposed overhaul of financial regulation

Fannie Mae and Freddie Mac are likely to remain in government conservatorship until at least next year, the Obama administration indicated today in unveiling a sweeping plan to overhaul the financial regulatory system.

The mortgage giants’ "continued stability and strength" is needed during "these difficult financial times," the administration said in a report outlining the plan.