UPDATE 1-U.S. regulators to end mortgage lending exemption for Fannie, Freddie in 2021
July 25, 2019 at 17:38 PM EDT
U.S. regulators said on Thursday they plan to end an exemption for Fannie Mae and Freddie Mac that permits them to back risky mortgages, a move that would reduce the government's footprint in the housing market, potentially increasing borrowing costs.
