U.S. Treasury Suspends Changes to Fannie Mae, Freddie Mac Share Agreements

Federal Housing Finance Agency Director Mark Calabria speaks at a Senate Banking Committee hearing on the Trump Administration's reasons for ending government control of Fannie Mae and Freddie Mac. (AP)

Tuesday, 14 September 2021 04:36 PM EDT ET

The Treasury Department on Tuesday said it had suspended changes to the government's stake in housing giants Fannie Mae and Freddie Mac imposed in the final days of the Trump administration.

Those changes would have allowed the pair to begin to retain profits with an eye toward eventually exiting government control. The Treasury said the Federal Housing Finance Agency, which regulates the pair, is now reviewing those changes and consulting with Treasury on future revisions.

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The Treasury Department on Tuesday said it had suspended changes to the government's stake in housing giants Fannie Mae and Freddie Mac imposed in the final days of the Trump administration.
Fannie Mae, Freddie Mac
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2021-36-14
Tuesday, 14 September 2021 04:36 PM
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