Industry News

Fannie and Freddie haven’t put past behind them

Regulators say reform efforts limit GSEs' ability to cope with change
Published on Apr 11, 2007

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by CareyBot

Government-sponsored mortgage repurchasers Fannie Mae and Freddie Mac are making progress correcting problems that led to accounting and management scandals, but remain “a significant supervisory concern,” regulators said in their annual report to Congress. Fannie’s and Freddie’s continued efforts to ...