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Thursday, March 05, 2015 10:31:44 AM
http://www.reuters.com/article/2015/03/05/usa-treasury-gse-idUSW1N0VL00K20150305
(Reuters) - A U.S. Treasury official on Thursday pushed for a faster reduction in the most illiquid assets held by Fannie Mae and Freddie Mac, and said the only way to fix the government-controlled mortgage finance firms was through legislative reform.
[...]
"The closer the GSEs can come to transferring the majority of risk to private market participants, the better," Stegman said in prepared remarks at a Goldman Sachs conference. (Reporting by Michael Flaherty; Editing by Paul Simao)
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