Housing Wire-
President Donald Trump is officially calling for an end to the conservatorship of Fannie Mae and Freddie Mac, according to a White House release issued Wednesday.
Trump is expected to sign a memorandum later today issuing “overdue reform of the housing finance system,” the White House said, which includes the end of conservatorship and the improvement of the regulatory oversight of both entities.
The statement said that Fannie and Freddie have grown in size and reach, yet face no competition from the private sector, and that the Department of Housing and Urban Development programs are exposed to too much risk while relying on outdated processes.
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Give Americans their life back from the so called crisis the banks got rich on and Americans are still having their homes stolen by these fraudulent banks. SC doesn’t have an attorney to represent people against the fraudulent banks. Hundreds still being foreclosed by false documents of banks and lawyers only represent banks. SC Help had money but nothing to make banks work with them or give you a modification offer at all or one based on our lowered income. Big dog companies fixed to change employees’ income by changing their titles that helped the blessed rich people at the top with no unemployment just paying crap and so much more medical insurance does not pay for anything. Stop with the 31percent of gross. That is ignorant! Health, retirement, that the employee makes mandatory and then do 31percent. Stop cheating Americans and give us our money. What was it 8.1 what? About all went back to banks, because banks dualtracked on mods etc.. Still today, Quicken and Wilmington Savings doing everything to steal my home.