Changes to Fannie, Freddie Could Do Harm: Report

Changes to the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are on the table—and although they intend to mitigate risk to taxpayers, they could harm homeowners in the process, according to an analysis by Zillow. Borrowers, in fact, could be burdened by hundreds more on their monthly mortgage payment.
The GSEs’ guarantee is associated with favorable rates (though not explicit, it is implied that the government will not allow the GSEs to fail); however, there coul