Fannie Mae and Freddie Mac are once again the focus of policy discussions as the federal government considers ending the government-sponsored entities’ (GSE) conservatorship and transitioning them back to private ownership. The proposed exit from federal conservatorship, which would mark a dramatic shift in the housing finance system, raises significant questions about mortgage rates, affordable housing programs, and the future of federal support for the GSEs.
PBG’s Marty Green spoke to several publications on how the privatization process might unfold, and what it could mean for borrowers and the broader housing market.
“There are affordable housing goals that are part of what [Fannie and Freddie’s] mission is,” Green told Mortgage Professional America. “And whether or not those continue is one of the things that I’m keeping an eye on — whether the administration may not be as keen on those continuing. They may see those as being too costly or as not being something that they want to foster.”
Marty’s commentary can be found in the following media outlets:
- Money Magazine: How Privatizing Fannie Mae and Freddie Mac Could Affect Homebuyers
- Mortgage Professional America: Is US housing affordability about to take another hit?
- Mortgage Professional America: Fannie Mae, Freddie Mac – why a US government guarantee matters for mortgages
- Scotsman Guide: Making sense of the Fannie Mae and Freddie Mac privatization rumors
- National Mortgage Professional: 5 Questions On Potential Changes To Fannie And Freddie