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"Stocks are crashing and the economy is weakening. Could the housing market be next? The Trump administration’s plans to privatize to large players in the mortgage space suggests it could be.
These are Fannie Mae and Freddie Mac, both of whom have played a key role in keeping mortgages affordable, particularly the 30 year mortgages that America is known for.
Both companies were taken over by the US government in 2008, and now its looking to set them free. This could have some profound effects on the housing market, but when, why, and how?
Stay tuned to find out…"
~ Coin Bureau
0:00 Intro
0:35 Fannie Mae Freddie Mac Explained
4:46 Effects Of Fannie And Freddie Privatization
9:23 When Will Fannie and Freddie Be Privatized?
13:17 What Does It Mean For The Housing Market?
Source - Coin Bureau YouTube:
https://www.youtube.com/watch?v=yuuQ8vPi-60
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
