The Obama administration is considering a plan to draw private investment back into the mortgage...

|By:, SA News Editor

The Obama administration is considering a plan to draw private investment back into the mortgage market by having slices of securities sold that wouldn't carry a federal guarantee but would pay higher rates. Officials see it as a step toward reducing the $10.4T U.S. mortgage market's dependence on Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB).