Bernanke calls on Congress to limit role of Fannie Mae, Freddie Mac
Bernanke calls on Congress to limit role of Fannie Mae, Freddie MacFederal Reserve Chairman Ben S. Bernanke called for tougher regulation of mortgage agencies Fannie Mae and Freddie Mac, saying the government-chartered mortgage-funding companies should be forced to concentrate almost entirely on loans for affordable housing. Bernanke also said that poor decisions by the government-backed programs, which have been riddled with problems in recent years, posed a threat to the U.S. economy.
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Fannie Mae, Freddie Mac, FNMA, FDMC, mortgages, mortgaged backed securities, derivatives
Labels: derivatives, Fannie Mae, FDMC, FNMA, Freddie Mac, mortgaged backed securities, mortgages
posted by Victor Lloyd Smith @ 12:03 PM
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