In a bold move, President Trump orders Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds, aiming to increase home affordability. This decision raises questions about the potential risks involved, as a similar strategy led to near-bankruptcy for the two firms in 2008. What consequences will this back-to-the-future moment have on the housing market?
Trump Orders Fannie and Freddie to Buy $200 Billion in Mortgage Bonds
5 min read
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