The Center for Responsible Lending, a left-leaning nonprofit, advocates for wide credit access and is calling for highly regulated versions of Fannie and Freddie to be preserved. The group says it’s so unclear what the Trump administration wants that next year is likely to end up looking much like 2018.
There’s reason to think Congress might eventually try again, but lawmakers didn’t really get serious about Fannie and Freddie until about five years ago, CRL President Mike Calhoun said. “These major pieces of legislation usually take a decade.’’