Whoa, whoa, just whoa!! Is this ‘good-bye’?
Fannie Mae and Freddie Mac have been around for a long, long time and it sounds like they’re about to get what some may think they deserve — the pink slip. But what’s to take their place? Are we asking the banks to take charge? That’s a very real possibility and I guess we’ll just have to wait to see how it all plays out.
http://thehill.com/blogs/on-the-money/banking-financial-institutions/143445-administration-housing-plan-no-more-fannie-freddie?page=4