Trump Officials Stress Urgency In Fannie, Freddie Revamp - News Summed Up

Trump Officials Stress Urgency In Fannie, Freddie Revamp


WASHINGTON—Senior Trump administration officials are discussing how to jump-start an overhaul of mortgage finance, with the new federal overseer of Fannie Mae and Freddie Mac pledging to act with “a great sense of urgency” over the coming months. “The foundations of our mortgage finance system remain vulnerable, and we must not let this opportunity for reform pass,” Mark Calabria, the new head of the Federal Housing Finance Agency, said in his first public remarks on Monday. His agency regulates Fannie and Freddie, the two...


Source: Wall Street Journal April 15, 2019 17:37 UTC



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