RegularJoe@lemmy.world to News@lemmy.world · 9 days agoTrump says he's seriously considering taking Fannie Mae and Freddie Mac publicwww.msn.comexternal-linkmessage-square16fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkTrump says he's seriously considering taking Fannie Mae and Freddie Mac publicwww.msn.comRegularJoe@lemmy.world to News@lemmy.world · 9 days agomessage-square16fedilink
minus-squareJeremyHuntQW12@lemmy.worldlinkfedilinkarrow-up0·8 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-up0·8 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.