Changes to Fannie Mae, Freddie Mac Could Cost Borrowers Additional $400 in Monthly Payments
March 12, 2018SEATTLE—Proposed reforms to the government-sponsored enterprises (GSEs) that guarantee the majority of U.S. home loans could drive up monthly housing costs and diminish housing affordability for many Americans, according to Zillow. Congress is considering changes to Fannie Mae and Freddie Mac to reduce the risk to taxpayers if the housing market crashes again. The GSEs,…
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