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Friday, September 06, 2019

Breakingviews - Door cracks open on U.S. housing reform - Reuters

Breakingviews - Door cracks open on U.S. housing reform - Reuters: (Reuters Breakingviews) - The door has cracked open on U.S. housing reform. Treasury Department officials want to get Fannie Mae and Freddie Mac, the two agencies that underpin the country’s home-financing market, out of their post-financial crisis limbo. Their new plan, unveiled on Thursday, has merit in that it doesn’t entirely hinge on a dithering Congress, and gives the two troubled entities a better chance of enduring the next downturn.