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Real Estate & Property Law

: Housing Wire

Paulson: The GSEs as Utilities

By KELLY CURRAN

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U.S. Treasury secretary Henry Paulson managed to shake more than a few feathers in the mortgage industry Wednesday, with a speech that suggested in part that the government consider turning Fannie Mae (FNM: 0.7459 -0.55%) and Freddie Mac (FRE: 0.7494 -0.08%) into public utilities, akin to power and telephone companies. “Government support [of mortgages[ needs [...]

Full post as published by Housing Wire on January 08, 2009 (boomark / email).

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