Fannie Mae-No Politics (FNMA): Fannie-Freddie Regulator Now Welcomes La...

Reply Private New

Replies (2) Next 10 Prev Next

Send PM Follow Ignore

Followers	38
Posts	6377
Boards Moderated	0
Alias Born	05/09/2011

10bambam

Re: None

Thursday, 01/31/2019 10:02:12 AM

Thursday, January 31, 2019 10:02:12 AM

Fannie-Freddie Regulator Now Welcomes Lawmaker Input on Revamp

Posted Jan. 31, 2019, 4:27 AM

By Elizabeth Dexheimer

FHFA’s Otting tells Waters, Brown he wants their ‘perspective’

Otting letter walks back comments about circumventing Congress

In an apparent about face, Fannie Mae and Freddie Mac’s regulator told congressional Democrats Wednesday that he welcomes their input on coming up with a plan to free the mortgage giants from federal control.
“As we begin the journey of evaluating the enterprises and developing a framework for ending conservatorship, I would welcome your insight and perspective,” Joseph Otting, the acting director of the Federal Housing Finance Agency. wrote in a letter to House Financial Services Committee Chairwoman Maxine Watersand...

For more stories, analysis and expertise
Sign InOR Request Trial

https://news.bloomberglaw.com/banking-law/fannie-freddie-regulator-now-welcomes-lawmaker-input-on-revamp