ADVERTISEMENT

Trump Administration to Unveil Fannie, Freddie Overhaul Soon

Trump Administration to Unveil Fannie, Freddie Overhaul Soon

(Bloomberg) -- The Trump administration plans to release a blueprint for overhauling Fannie Mae and Freddie Mac soon but hasn’t completed work on a plan, a White House spokeswoman said.

“Housing finance reform is a priority for the administration,” White House spokeswoman Lindsay Walters said in a prepared statement. “The White House expects to announce a framework for the development of a policy for comprehensive housing finance reform shortly. At this time, no decisions have been made on any reform plan.”

To contact the reporter on this story: Justin Sink in Washington at jsink1@bloomberg.net

To contact the editors responsible for this story: Alex Wayne at awayne3@bloomberg.net, Mike Dorning, Joshua Gallu

©2019 Bloomberg L.P.