Mnuchin says no to ‘recap and release’ plan for Fannie Mae, Freddie Mac

Treasury secretary steven mnuchin made clear that freeing Fannie Mae and Freddie Mac from U.S. control won’t happen without a major overhaul of the nation’s housing finance system, potentially dashing investors’ hopes that they might soon make a windfall from their stakes in the mortgage giants.

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It seems that getting Fannie Mae and Freddie Mac out of their. and it seems that Mnuchin will be driving the bus on that process. The headlines you’ll read are that Mnuchin backtracked from the.

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WASHINGTON – The Trump administration wants to work with Congress on freeing Fannie Mae and Freddie Mac from government control, though it’s considering pursuing some changes on its own, Treasury.

T reasury Secretary Steven Mnuchin said Monday that he plans for action on the bailed-out government-sponsored enterprises fannie mae and Freddie Mac after the midterm elections in November.

Investments lending servicing trump treasury pick Mnuchin opposes recap and release of Fannie Mae, Freddie Mac Previously said GSE conservatorship will end

trump treasury pick mnuchin opposes recap and release of Fannie Mae, freddie mac gary cohn: Fannie Mae, Freddie Mac reform will be high on Mnuchin’s agenda Privatization talk sends Fannie Mae.

Treasury Secretary Steven Mnuchin made several comments about Fannie and Freddie on Thursday morning. Though recap and release may not happen until late summer, early fall, we continue to believe.

At no point in the American Banker article did Mnuchin actually say anything that resembled the headline of "Mnuchin says no to ‘recap and release’ plan for Fannie Mae, Freddie Mac". He didn’t say no to recap and release. He said no to recap and release WITHOUT reform.

Mnuchin Opposes Recap and Release of Fannie and Freddie Filed in Capitol Hill , Housing Finance by NAHB Now on January 24, 2017 0 Comments Steven Mnuchin, President Trump’s pick to be Treasury secretary, said that he opposed "recap and release" for Freddie Mac during his Senate confirmation hearing on Jan. 19.

WASHINGTON – The debate over whether Fannie Mae and Freddie Mac should. that recap and release is a possibility, because that would be a windfall for wall street investors,” Stevens said. He added.