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New bill calls for GSEs to buy and securitize construction loans
American Banker· 2026-06-26 23:04
New draft legislation in Congress would direct housing giants Fannie Mae and Freddie Mac to buy homebuilder construction loans and package them into bonds in the latest push to cut the cost of building homes and boost supply. Processing ContentThe bill was one of three filed on Thursday aimed at reforming the two government-sponsored enterprises, all of them from Representative Scott Fitzgerald, a Wisconsin Republican. The moves came a day after President Donald Trump canceled the signing of a broad bill ...