Trump: Many geniuses are working to end government control of Fannie and Freddie

"Many geniuses" are working to end government control of Fannie and Freddie, Trump says Posted on May 20, 2019 by admin in News President Donald Trump spoke about Fannie Mae and Freddie Mac for two minutes near the end of a one-hour speech at the National Association of Realtors convention in Washington on Friday.

Trump: Many geniuses are working to end government control of Fannie and Freddie President Donald Trump spoke about Fannie Mae and Freddie Mac for two minutes near the end of a one-hour speech at the National Association of Realtors.

Trump: "Many geniuses" are working to end government control of Fannie and Freddie May 21, 2019 RSS FEED No comments President Donald Trump spoke about Fannie Mae and Freddie Mac for two minutes near the end of a one-hour speech at the National Association of Realtors convention in Washington on Friday.

We have many geniuses looking at it and we’ll figure something out." What to do with Fannie and Freddie, which backstop about $5 trillion of mortgage securities, is the main unresolved issue from the financial crisis more than a decade ago.

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President Donald Trump spoke about Fannie Mae and Freddie Mac for two minutes near the end of a one-hour speech at the National Association of Realtors convention in Washington on Friday. In addition to HousingWire’s story on Trump’s speech, here are the president’s complete and unedited comments on housing-finance reform.

Trump’s Treasury Pick Says U.S. Should Get Out of Freddie Mac and Fannie Mae. On Wednesday, Trump’s pick for Treasury secretary said extracting Fannie (fnma) and Freddie (fmcc) from government control would rank as a "top 10" priority for the next administration.

Trump cited a memorandum he issued in March urging the Department of Housing and Urban Development and the Treasury Department to work on releasing Fannie and Freddie from the government’s control.

How long will this mortgage drought last? The first evidence of drought is usually seen in records of rainfall.. The benefits of substantial rainfall such as from a tropical storm may last for months, but a. Scientists have predicted that long-term effects of climate change will include a.

The Washington Post’s Jeff Stein writes that in House races, Democrats who ran against Trump’s trade policy “fared much better and may have even helped swing control of the chamber. But instead of.

How to fix Fannie and Freddie.. with Fannie and Freddie under total government control and subject to the same political pressures to provide high-risk mortgages that got them into trouble in.