U.S. GSE reform transition may take more than five years: FHFA official

NEW YORK (Reuters) - A transition that involves an overhaul of U.S. mortgage agencies Fannie Mae and Freddie Mac might take more than five years, depending on the severity of proposed changes, an official at Federal Housing Finance Agency said on Monday.

from Reuters: U.S. http://ift.tt/2oQh8xC