Winding down state-sponsored mortgage finance will be easier said than done, as Fannie Mae...

|About: Fannie Mae (FNMA)|By:, SA News Editor

Winding down state-sponsored mortgage finance will be easier said than done, as Fannie Mae purchased $81.9B mortgages in July, nearly double the amount from a year ago. The growing business for the GSEs is another signal housing is rebounding, but exactly how do politicians expect to replace them?