Mortgage rates fall to lowest level in more than 3 years
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President Donald Trump's suggestion that Fannie Mae and Freddie Mac purchase mortgage-backed securities is ill-advised, many experts think.
US President Donald Trump is directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds, a move he cast as his latest effort to bring down housing costs ahead of the November midterm election.
The White House is hoping to boost affordability for buyers, but critics see echoes of the pre-crisis risk for the enterprises.
What will an IPO for the government-backed mortgage godzillas look like? Commercial real estate has some ideas.
U.S. President Donald Trump's order for Freddie Mac and Fannie Mae to buy $200 billion in mortgage bonds raises doubts about their privatization plans, analysts say.
Attempting to lower housing prices, the administration is looking to step up a portfolio that was at the heart of the 2008-09 financial crisis.