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U.S. Treasury suspends changes to Fannie Mae, Freddie Mac share agreements

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Reuters

By Pete Schroeder WASHINGTON (Reuters) -The U.S. Treasury Department said on Tuesday it had suspended changes to the government’s stake in housing giants Fannie Mae and Freddie Mac imposed in the final days of the Trump administration. Those changes are aimed at lifting curbs on the agencies’ ability to back certain types of mortgages, including on second homes, multifamily homes and homes bought with higher risk loans, after the Trump administration directed the pair to shrink their footprint in the housing market. The Federal Housing Finance Agency, which regulates the pair, is reviewing tho…

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