More than a decade after the government seized Fannie Mae and Freddie Mac, the Trump administration is preparing to release its long-awaited plan to return them to private-shareholder ownership
WASHINGTON—The Trump administration is preparing to release as early as the first part of September its long-awaited plan to return Fannie Mae and Freddie Mac to private-shareholder ownership, according to people familiar with the matter.
The proposal comes more than a decade after the government seized the mortgage-finance firms to save them from collapse. It would likely seek to put the companies on a sounder financial footing and then release them from government control if Congress doesn’t enact a more fundamental overhaul...
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