Is It Farewell for Fannie and Freddie?

Updated

You won't have Fannie Mae and Freddie Mac to kick around anymore, at least if Rep. Barney Frank has anything to say about it.

As chairman of the House Financial Services Committee, Frank is certainly in a position to influence the decision about what will happen to these two mortgage companies now under conservatorship with the U.S. government. And a dramatic change in the roles of Fannie and Freddie is something that even Republicans agree with.

Advertisement