Industry News

House committee approves GSE reform bill

Affordable-housing fund called 'poison pill'
Published on Mar 30, 2007

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by CareyBot

A bill intended to prevent a repeat of the accounting and management scandals that shook Fannie Mae and Freddie Mac has been approved by the House Financial Services Committee, with a provision to create a $500 million-a-year affordable-housing fund intact. ...

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