Washington is finally talking seriously about how to replace Fannie Mae and Freddie Mac, the mortgage-finance juggernauts that the government was forced to rescue five years ago. Just don't expect quick action, the Wall Street Journal reports.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Fannie, Freddie to Ease Loan-Modification Rules
- Plan for Mortgage Giants Takes Shape
- Freddie Mac Sees $5 Billion Profit
- Jury Decides Against BofA on 'Hustle' Program
- BofA to Settle with Fannie Mae
- Report: Countrywide VIP Loans Went to Fannie Employees
- Subprime Whodunit a Case of Semantics
- Fannie May Repay Billions