Trump administration likely to keep Fannie Mae and Freddie Mac in conservatorship, Mnuchin suggests

WASHINGTON — Joe Biden’s election victory has likely ended the Trump administration’s efforts to return Fannie Mae
  and Freddie Mac
  to private hands.

Treasury Secretary Steven Mnuchin suggested in an interview with The Wall Street Journal that he is unlikely to support a legal move — called a consent order — to end the government conservatorships of the mortgage-finance companies before President Trump leaves office. His signoff would be required for any change in their legal status.

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