RegularJoe@lemmy.world to News@lemmy.world · 2 days agoTrump says he's seriously considering taking Fannie Mae and Freddie Mac publicwww.msn.comexternal-linkmessage-square17linkfedilinkarrow-up174arrow-down16
arrow-up168arrow-down1external-linkTrump says he's seriously considering taking Fannie Mae and Freddie Mac publicwww.msn.comRegularJoe@lemmy.world to News@lemmy.world · 2 days agomessage-square17linkfedilink
minus-squareJeremyHuntQW12@lemmy.worldlinkfedilinkarrow-up10·2 days agoIt would mean they would get rid of fixed rate mortgages - your repayment would vary with the fed reserve rate. “Public” doesn’t mean state-owned, it means issuing public shares, currently its a private company.
minus-squarepetersr@lemmy.worldlinkfedilinkarrow-up2arrow-down4·2 days agoSo they are companies, not people, I recon.
It would mean they would get rid of fixed rate mortgages - your repayment would vary with the fed reserve rate.
“Public” doesn’t mean state-owned, it means issuing public shares, currently its a private company.
So they are companies, not people, I recon.