Fannie Mae and its sibling company, Freddie Mac, received US$187.5 billion in taxpayer funds after the mortgage meltdown. Photo: Reuters
Dismantling Fannie Mae and Freddie Mac would dent US housing recovery
Senate proposal to replace US government home-loan financiers with mortgage-bond insurer would push up costs and hit first-time buyers
Fannie Mae and its sibling company, Freddie Mac, received US$187.5 billion in taxpayer funds after the mortgage meltdown. Photo: Reuters
