Mortgage | KERA News

Mortgage

Office of Jeb Hensarling

What would happen if the federal government pulled out of the mortgage business?  That’s part of the debate as the President and members in Congress talk about phasing out government-sponsored lenders Fannie Mae and Freddie Mac.

woodleywonderworks / (cc) flickr

President Obama’s mortgage relief for military service members and homeowners with Federal Housing Administration loans could affect up to three million people. KERA’s Bill Zeeble reports that may impact just a fraction of those who need help.