It's Friday, September 6th.

Welcome to Schim this.

We're breaking down the most complex stories of the day and giving you the context on why

they matter.

The Trump administration is proposing changes to the US housing market.

We'll connect the dots on what those changes would mean and why some say it's bad news

for home buyers.

Then, Hurricane Dorian made landfall in North Carolina today and things in the Bahamas

are still dire.

We'll give you the latest.

And finally, a word of warning about Facebook's attempts to play matchmaker.

We're here to make your evening smarter.

Let's Schim this.

The most complicated story today is about the housing market and two companies called Fannie

May and Freddie Mac that back a lot of home mortgages in the US.

The US government took control of Fannie and Freddie more than a decade ago.

But now the Trump administration says it's time to let them go and send them back to private

life.

This plan could have a big impact on the housing market and there's already a heated

debate over whether this is a good idea.

So today, we're going to explain what Fannie and Freddie do, why there's a push to reprivetize

them, and what this could mean for anyone looking to buy into the American dream.

...