Snow Calls For New Housing Agency

Newman, Emily
September 2003
Bond Buyer;9/11/2003, Vol. 345 Issue 31717, p2
Trade Publication
Reports on the recommendation of U.S. Treasury Secretary John W. Snow that the U.S. Congress should create a federal agency specifically to regulate housing-related government sponsored enterprises. Need for such an agency; Call for transfer of some regulatory powers over mortgage companies Freddie Mac and Fannie Mae away from the U.S. Dept. of Housing and Urban Development; Snow's suggestion that the U.S. Treasury Department should continue to study GSEs and secondary mortgage markets.


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