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Replies to post #446654 on Fannie Mae-No Politics (FNMA)
navycmdr
01/21/18 1:37 PM
#446655 RE: navycmdr #446654
Speaking at a Thursday luncheon sponsored by Women in Housing and Finance, Treasury counselor Craig Phillips said the Trump White House is “extremely committed” to housing-finance reform and favors reform objectives outlined this week by FHFA Director Mel Watt. (Reporting by Carisa Chappell / cchappell@imfpubs.com.) In a seven-page document provided to the Senate Banking Committee, Watt and his staff call for Fannie and Freddie to be “reincorporated as private, shareholder-owned corporations with a regulated rate of return that would enter the market as the first two SMEs [secondary market entities] in order to help ensure an orderly transition to the new system…” [/color]
IL Padrino
01/22/18 2:19 AM
#446676 RE: navycmdr #446654