Industry NewsMortgage

No rush to shut down Fannie, Freddie

Administration sees continued role for feds in MBS guarantees
Published on Aug 17, 2010

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by CareyBot

The Obama administration sees the government continuing to play a role in housing finance by providing guarantees on payments to investors in mortgage-backed securities, but does not support resurrecting Fannie Mae and Freddie Mac in their previous form, ...

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