Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Fannie Mae And Freddie Mac May Help End Homelessness In America

January 1, 1970 12:00 AM
202 0

Two organizations synonymous with the 2008 financial crisis could play vital roles in helping America's most vulnerable residents get off the streets.

ThinkProgress reported that Fannie Mae and Freddie Mac -- two government-backed mortgage companies whose buying and guaranteeing of risky mortgages contributed to the Great Recession -- are now able to contribute to the National Housing Trust Fund.

Read more

Share in social networks:

Comments - 0