White House Opposes GSE Recap, Homebuyers Suffer
American Banker - October 30, 2015 - November 2, 2015
By Brooke Anderson Thompkins
White House and Treasury Department officials recently made clear they are not interested in recapitalizing Fannie Mae and Freddie Mac — let alone releasing them from government conservatorship — while lawmakers continue to stall on long-term reform for the government-sponsored enterprises.
But in doing so, they indicated the administration intends to leave office without addressing both the GSEs’ diminishing capital bases and tight credit conditions for many working Americans.
Read the full article: White House Opposes GSE Recap, Homebuyers Suffer