Fannie-Freddie Revamp Poses Risk to Trump: Higher Mortgage Costs

"It was insufficient capital that triggered the conservatorship, and it's going to be sufficient capital that triggers an exit."

By Austin Weinstein | June 03, 2019 at 08:36 AM

Source: Shutterstock.

Fannie Mae and Freddie Mac's watchdog has a vision for ending U.S. control of the mortgage giants that hinges on the companies holding more capital. But that dream could run into a cold political reality of making home loans more expensive as President Donald Trump ramps up his re-election bid.

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