Federal regulator calls for turning GSEs into utilities – Scotsman Guide 1/18/18

January 18, 2018
As reported in Scotsman Guide, FHFA Director Mel Watt has outlined the agency’s recommended approach to reform the GSEs. Declaring that the conservatorship of Fannie Mae and Freddie Mac is unsustainable, he has proposed that they be turned into shareholder-owned utilities.
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