GOP's gains could delay the overhaul of Fannie Mae, Freddie Mac

11/5/2010 | Wall Street Journal, The

The Republican and Democratic parties have said they want to abolish Fannie Mae and Freddie Mac, but they are at odds on what part the government should play in housing finance. As the Republicans take control of the House and gain seats in the Senate, the expected overhaul of Fannie and Freddie could be delayed for years.

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