Fannie & Freddie’s New Role
Posted in Mortgage News, Mortgage Stats, Real Estate News, Uncategorized on July 31st, 2008 No Comments »
The new housing rescue bill signed Wednesday takes aim to bolster Fannie Mae and Freddie Mac. In a late additon to the bill, the law allows authority for the Treasury to lend a financial hand to Fannie Mae and Freddie Mac if it deems it necessary to help stabilize markets.
For starters, a more strict regulator will be [...]
