Freddie Mac: GSE Bill Goes Beyond Regulatory Reform

Published on:
12 September 2006 at 10:19 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00013667-freddie-mac-gse-bill-goes-beyond-regulato/

Mortgage finance company Freddie Mac on Thursday said a bill approved by a U.S. Senate panel to stiffen oversight of the company and its sibling enterprise, Fannie Mae, goes beyond regulatory reform and may compromise the nation’s housing finance system.

Sharon McHale, a spokeswoman for Freddie Mac, said the company was concerned about the legislation’s provisions on portfolios, capital standards and new product approval.

For this complete story, please visit Freddie Mac: GSE Bill Goes Beyond Regulatory Reform.

Freddie Mac: GSE Bill Goes Beyond Regulatory Reform

Unknown Author

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