Congress proposes to replace Fannie Mae and Freddie Mac

Congress proposes to replace Fannie Mae and Freddie Mac

CBS News

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The U.S. Senate is introducing a bill to dismantle both Fannie Mae and Freddie Mac. The plan would replace the mortgage companies with a U.S. backed mortgage bond insurer. Wall Street Journal reporter Nick Timraos joins "CBS This Morning: Saturday" for a conversation on what that could mean for homeowners.

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