Skip to content

Obama: Time to 'Wind Down' Fannie Mae, Freddie Mac

Obama: Time to 'Wind Down' Fannie Mae, Freddie Mac

SIGN UP FOR OUR NEWSLETTER

In his weekly address, President Barack Obama touts the recovery of the U.S. housing market and urges Congress to give homeowners a chance to refinance their mortgages. The President suggests lawmakers should be “winding down” the influence of government-sponsored enterprises Fannie Mae and Freddie Mac and “ending the era of expecting a bailout after your pursuit of profit puts the whole country at risk.”

SIGN UP FOR OUR NEWSLETTER


Comment count on this article reflects comments made on Breitbart.com and Facebook. Visit Breitbart's Facebook Page.