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Wall St. Waves Red Flag About Govt. Plan to Privatize Fannie Mae & Freddie Mac

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    Major investors warned the Trump administration that when it privatizes Fannie Mae and Freddie Mac, the U.S. government must guarantee the $5 trillion in mortgage-backed securities issued by the firms. The Trump administration says its time the government reduced its roll in the housing market and is willing to move ahead without a guarantee. 

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    Posted by Jeff Mindham
    Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies. I have a master’s degree from the University of San Francisco and a BA degree in Communications.