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Thursday, June 27, 2013 2:18:48 PM
http://www.bloomberg.com/news/2013-06-24/senators-to-introduce-bill-to-end-fannie-mae-freddie-mac.html
Amy Brundage, a White House spokeswoman, said the administration welcomes the bipartisan bill.
“The president strongly supports comprehensive housing finance reform that would forever end Fannie Mae and Freddie Mac’s flawed business model that put the American taxpayers on the hook,” Brundage said in an e-mail.
Under the bill, Washington-based Fannie Mae and McLean, Virginia-based Freddie Mac, which package mortgages into securities on which they guarantee 100 percent payment of principal and interest, would be liquidated within five years.
2012
http://articles.washingtonpost.com/2012-02-02/business/35445369_1_market-and-neighborhoods-financial-overhaul-legislation-financial-crisis
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