Paul Ryan favors dissolving Fannie Mae and Freddie Mac

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The long-term outlook of the Ryan plan involves a complete wind-down of Fannie Mae and Freddie Mac and an end to the $188 billion in bailouts so far. The Ryan budget would "privatize the business of government-owned housing giants, Fannie Mae and Freddie Mac, so they no longer expose taxpayers to trillions of dollars’ worth of risk."

Later in the Congress, Hensarling spearheaded a bill that would phase out Fannie Mae and Freddie Mac, massive government-sponsored enterprises. At a Thursday appearance at the Financial Services.

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what conditions Fannie Mae and Freddie Mac will purchase mortgages for.. Thursday, but the measure is not likely to be taken up by the Senate, which favors.. House Budget Committee Chairman Paul Ryan (R-WI) will also.. Committee will dissolve unless otherwise continued with Board approval.

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