Civil Rights Groups Oppose Proposition to Privatize Fannie Mae and Freddie Mac

By National Urban League
Published 02 PM EDT, Wed Sep 18, 2019
Steven-T.-Mnuchin-sq-300x300 copyv2.png

Treasury proposes privatizing Fannie Mae, Freddie Mac
By Lois A. Bowers,

The Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) would be privatized under a 53-page plan released Thursday by the Treasury Department to reform the housing finance system.

“An effective and efficient federal housing finance system will … meaningfully contribute to the continued economic growth under this Administration,” U.S. Treasury Secretary Steven T. Mnuchin said in a statement.

To read the full article Click Here