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0.00724637681159437 0.00724637681159437 -0.00905797101449272 -0.00271739130434777 0.00724637681159437 0.0126811594202899 0.0206521739130436 0.0144927536231886
Stock impact report

Trump calls freeing Fannie Mae and Freddie Mac from U.S. control a ‘pretty urgent problem’ [Los Angeles Times (CA)]

Federal National Mortgage Association (FNMA) 
Trump calls freeing Fannie Mae and Freddie Mac from U.S. control a ‘pretty urgent problem’ President Trump said freeing Fannie Mae and Freddie Mac from government control is a “pretty urgent problem” that his administration plans to work with Congress to address. Trump, speaking Friday at a conference hosted by the National Assn. of Realtors, said that the mortgage giants lack competition, that taxpayers remain on the hook for any losses at the companies and that they aren’t being run as well as they could be. He added that his administration is discussing ideas for fixing Fannie and Freddie with “some incredible talent from Wall Street.” The president’s remarks reflect the White House’s determination to release the companies from conservatorship, something lawmakers and policymakers have failed at for years. In March, the Trump administration released an outline for overhauling the housing finance system that directed the Treasury Department and the Department of Housing and Urban De Show less Read more
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