joe•iuculano :mastodon:Via #RawStory, 3:28pm ET
Proposed deregulation of home loan market that #DonaldTrump→widely expected to pursue could have massive consequences for new homebuyers — particularly those w/low incomes, reported #CNN on Monday
Specifically, #Trump is likely to try to privatize #FannieMae & #FreddieMac, the mortgage-backing giants that the federal government took a stake in following the 2008 financial crisis. He attempted to do this in his last term, but was unsuccessful.
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