GOP fades on ending Fannie/Freddie bailout

posted by
December 30, 2010
Christian Science Monitor    
Posted in News, PND News

"A new drop in the housing market is giving Republicans pause on plans to privatize home mortgage giants Fannie Mae and Freddie Mae. Throughout the financial reform debate in 2010, Republicans argued that majority Democrats should include Fannie and Freddie in the discussions, since the vast public-private entities securitized the mortgages that were at the epicenter of the crisis. Republicans pledged to end the taxpayer bailout of Fannie and Freddie. With Republicans taking control of the House next year, privatizing Fannie and Freddie is still a top priority, but the timetable is slipping." (12/30/10)

http://tinyurl.com/2gybln5  

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