Trump admin proposes massive overhaul of FHA, Freddie and Fannie

New guidance from HUD and U.S. Treasury would end the conservatorship of Fannie Mae and Freddie Mac, while reforming the Federal Housing Administration

The Trump administration Thursday released a long-awaited plan to overhaul the way the government helps homeowners. Separate guidance from HUD and the United States Department of the Treasury include major reforms to the FHA and an end of government conservatorship for Fannie Mae and Freddie Mac.