HUD Secretary Donovan to Avoid 'Extreme Measures' in Fannie, Freddie Solution

Shaun Donovan, secretary of the US Department of Housing and Urban Development (HUD) told HousingWire that extreme measures are to be avoided with the fates of Fannie Mae and Freddie Mac.

HUD is working with the White House and the Treasury Department to draft a proposal outlining the fate of the government-sponsored enterprises (GSEs), Shaun Donovan told HousingWire today at the National Association of Real Estate Brokers (NAREB) convention in Fort Worth, Texas.

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