How Once-Doomed Mortgage Giants Gained New Lease on Life - The Wall Street Journal


For years after the 2008 mortgage-market meltdown, Republicans and Democrats agreed on little about what to do with Fannie Mae and Freddie Mac except one thing: Get rid of them.

A Trump administration housing-finance roadmap released last week would do the opposite, allowing the government-controlled companies to remain at the center of the American home-ownership system for years to come. Washington reluctantly recognized the difficulty of replacing institutions that undergird the home-buying market.


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