Fannie-Freddie Would Be Lender-Owned in DeMarco’s Plan
By Joe Light
June 29, 2016, 7:00 AM CDT Updated on June 29, 2016, 11:38 AM CDT
Ex-FHFA director would put mortgage firms into receivership
Co-author worked on Senate proposal that was blocked in 2014
Fannie Mae and Freddie Mac would be put through receivership and turned into lender-owned insurers under a housing-finance overhaul plan co-authored by the companies’ former regulator.