White House wants to privatize Fannie Mae and Freddie Mac

The plan is designed to reduce taxpayer risk while creating a more competitive secondary market for mortgages

LIVE NOW: Inman Connect San Francisco
Tune-in now to catch the livestream. Don't miss this chance to see real estate leaders tackle the industry's top problems.

The Trump administration is proposing a sweeping reform of how the federal government supports housing finance by calling for the full privatization of mortgage-backed securities giants Fannie Mae and Freddie Mac.