U.S. regulators to end mortgage lending exemption for Fannie, Freddie in 2021
July 25, 2019 at 17:00 PM EDT
U.S. regulators announced Thursday they plan to end an exemption for Fannie Mae and Freddie Mac that permits them to back risky mortgages, in a move that would reduce the government's footprint in the housing market, potentially increasing housing costs.
