Treasury Secretary Aims to Maximize Taxpayer Value in Fannie Mae, Freddie Mac Plan

The U.S. Treasury Secretary has stated that the final plan for Fannie Mae and Freddie Mac should prioritize maximizing value for taxpayers. The administration is exploring all possible options to move forward with this plan. The White House aims to achieve the highest possible value for taxpayers while ensuring stability in the spread between mortgage rates and Treasury yields, with a potential for reduction.

The Treasury Secretary's comments come as the government continues to evaluate various options for the future of these two government-sponsored enterprises, which have been under conservatorship since the 2008 financial crisis. The administration's objective is to ensure that any changes to the current structure of Fannie Mae and Freddie Mac will benefit taxpayers and the broader housing market.

The Treasury Secretary's remarks highlight the administration's dedication to finding a solution that maximizes value for taxpayers while maintaining stability in the housing market. The administration is currently reviewing all available options and will make a decision based on what is best for taxpayers and the housing market.

The Treasury Secretary emphasized that the administration is considering all options for moving forward with the plan. The White House is committed to achieving the highest possible value for taxpayers while maintaining stability in the spread between mortgage rates and Treasury yields, and potentially reducing it.

The Treasury Secretary's comments underscore the administration's commitment to finding a solution that maximizes value for taxpayers while maintaining stability in the housing market. The administration is currently reviewing all available options and will make a decision based on what is best for taxpayers and the housing market.