The seems like a nothingburger. Going after "big bad" corporations probably feels good to voters, but (iirc) studies have shown have low/no effect.
Eliminating Fannie mae/Freddie Mac would've done a whole lot more to lower house prices.
Eliminating Fannie mae/Freddie Mac would've done a whole lot more to lower house prices.
Until about 20 years ago, both were great and valuable institutions. Long story.
Shutting them down would be a catastrophic disaster to housing affordability.
Wouldn't less mortgage money available for homes make the prices of homes drop?