Industry News

Lawmakers tap Fannie, Freddie for hurricane relief

Bill tightens reins on mortgage giants, would send money to storm victims
Published on Sep 15, 2005

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by CareyBot

Two key House lawmakers on Wednesday added to a bill tightening regulations on mortgage giants Fannie Mae and Freddie Mac to a provision directing funds to Hurricane Katrina victims, MarketWatch reported today. Under a proposal by Reps. Michael Oxley, R-Ohio, ...