Bill Ackman's Fannie, Freddie plan faces skepticism
Ackman proposes forgiving $193 billion in GSE draws, exercising Treasury warrants to acquire 79.9% common equity, and relisting the firms to privatize them.
Student-loan forgiveness is back on for 2 million borrowers
Education Department is resuming processing of income-based repayment loan forgiveness and will discharge eligible borrowers' loans unless they opt out by October 21.