For nearly 17 years, Fannie Mae and Freddie Mac have been under government control, but a renewed push to privatize these mortgage giants is gaining traction in Washington. In this episode, we break down what Fannie and Freddie do, why they were placed under conservatorship during the 2008 financial crisis, and what privatization could mean for the housing market. With key players in the Trump administration signaling support for ending government control, we explore the potential risks, benefits, and impact on mortgage rates, home affordability, and Wall Street investors. Will this move stabilize the mortgage industry or disrupt it? Tune in to find out.
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What Might Happen If Freddie Mae and Freddie Mac Go Private | BiggerPockets Daily podcast - Listen or read transcript on Metacast
