36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations

36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations

The day before Linda Wetzel closed on her retirement home in Southport, N.C., in 2012 — a cozy place where she could open the windows at night and catch an ocean breeze — the bank making the loan surprised her with a fee she hadn’t expected. Ms. Wetzel scoured her …

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What Privatization of Fannie Mae and Freddie Mac Means

What Privatization of Fannie Mae and Freddie Mac Means

Fannie Mae and Freddie Mac, two giant mortgage finance firms, have been controlled by the federal government for nearly 17 years, but a long-dormant idea of making them private businesses is starting to make the rounds in Washington again. Scott Turner, the secretary of Housing and Urban Development, said in …

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