Day: March 26, 2015

(Bloomberg) — Senator Richard Shelby’s declaration Wednesday that Fannie Mae and Freddie Mac will likely remain in U.S. conservatorship shifts the task of reducing taxpayer mortgage risk mostly to one…

At a time when the housing market is just beginning to recover, the U.S. Treasury wants to close down Fannie Mae and Freddie Mac, the two GSEntities under government conservatorship.…