If Donald Trump wins the presidential election, Republicans hope he will fulfill a longstanding GOP goal of privatizing the mortgage giants Fannie Mae and Freddie Mac, which have been under government control since the Great Recession.
But Democrats and some economists warn that, especially in this time of high mortgage rates, doing so will make buying a home even more expensive.
FILE – Republican presidential nominee former President Donald Trump speaks at a town hall campaign event at Macomb Community College, on Sept. 27, 2024, in Warren, Mich. (AP Photo/Alex Brandon, File)
Republicans contend the Federal Housing Finance Agency has been
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