GSE Privatization Would Mean More Competition Between Fannie and Freddie
National Mortgage News, Nov. 30, 2016–Sinnock, Bonnie
Removing Fannie Mae and Freddie Mac from government control, as Treasury Secretary-designate Steven Mnuchin would like to, could mean the two entities will do more to compete for lenders’ loans. “Private companies can be more innovative and they can compete more for customer service, potentially, if we do this right,” said Mortgage Bankers Association CEO David Stevens.
