February 11, 2011Â |Â Â 7:07Â am
The Obama administration on Friday released its long-awaited proposal for overhauling the mortgage market, calling for gradually shutting down bailed-out Fannie Mae and Freddie Macand reducing the government’s now huge role in housing finance. Continue reading “Obama administration releases plan for overhauling mortgage market, calls for phasing out Fannie Mae and Freddie Mac”