Senate Republicans on Wednesday aired their fears that Fannie Mae and Freddie Mac, which have been in the government’s custody for nearly a decade, are expanding their role in housing markets rather than reducing it.
“The overall trends I am seeing toward greater taxpayer risk and greater government presence in the mortgage market are concerning,” said Senate Banking Committee chairman Mike Crapo, R-Idaho.
Real journalism.Trusted by millions.
Unlimited access to in-depth reporting, expert analysis, and the stories that shape our country.
Subscribe Now
Already a member? Log in
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.