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Tuesday, October 27, 2020 12:45:47 PM
https://www.americanbanker.com/news/fannie-and-freddie-will-likely-exit-conservatorship-by-2024-calabria-says
Federal Housing Finance Agency Director Mark Calabria said Fannie Mae and Freddie Mac are expected to be out of government conservatorship by the time his term ends in 2024.
However, he said the U.S. takeover of the government-sponsored enterprises — which began more than a decade ago — will not end until Fannie and Freddie hold sufficient capital.
“I certainly hope and expect they will leave before I leave,” Calabria told reporters Wednesday. “If they’re not ready, they’re not ready. And I’m not going to force them out.”
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