Government agencies amended the terms of the U.S. Treasury's stake in mortgage giants Fannie Mae and Freddie Mac. This amendment restored the Treasury's right to block any plan to release the companies from government supervision.
This change gives the Treasury a key role in determining the future structure and exit from conservatorship for Fannie Mae. It ensures that the department has significant influence over any potential privatization efforts.
The regulatory adjustment introduces an additional layer of governmental control and approval required for any structural changes to Fannie Mae. This development is significant for investors monitoring the company's path out of conservatorship.
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