Industry News

Greenspan wants leaner, meaner GSEs

Fannie, Freddie portfolios bloated, Fed chairman says
Published on Feb 18, 2005

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by CareyBot

Alan Greenspan, chairman of the Federal Reserve, on Thursday told the House Financial Services Committee he sees “no reasonable basis” for Fannie Mae and Freddie Mac to hold enormous mortgage portfolios, according to Forbes. Saying that the problems are “almost ...