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Uncertainty surrounds Trump mortgage plan
The article discusses the uncertainty surrounding the potential privatization of Fannie Mae and Freddie Mac amid a delay in efforts to end their government conservatorships. Official Bill Pulte’s recent appointment as acting director of national intelligence, while maintaining his role overseeing the mortgage giants, raises concerns that the push for their privatization may be stalled. Experts warn that any delay could impact the U.S. housing market by increasing mortgage costs for homebuyers, especially during a period of high home prices and elevated mortgage rates.
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