Industry News

Fannie Mae needs tougher regulation, lawmakers say

Home loan giant under 'thorough' investigation
Published on Feb 9, 2005

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by CareyBot

Home loan giant Fannie Mae needs tougher regulation, U.S. lawmakers said Wednesday, and investigation of the government-sponsored enterprise is continuing, a government official said. “You may be assured the Commission staff thoroughly is investigating any evidence of financial reporting improprieties,” ...