Senate lawmakers unveil bill to end Fannie, Freddie
March 16, 2014 at 17:41 PM EDT
Senate lawmakers release their first draft of a bipartisan bill spelling out their proposal, announced last week, to eliminate Fannie Mae and Freddie Mac. The legislation replaces the mortgage-finance giants with a new system in which the government would continue to play a potentially significant role insuring U.S. home loans.