TITLE

Sec. Paulson calls for reform of Fannie Mae, Freddie Mac

AUTHOR(S)
Holzer, Jessica
PUB. DATE
September 2007
SOURCE
Hill;9/12/2007, Vol. 14 Issue 104, p14
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
The article reports on the request made by U.S. Treasury Secretary Henry Paulson to the Senate to start making a legislation to reform Fannie and Freddie Mac, a government sponsored enterprises (GSEs). It notes that Senator Chris Dodd and Representative Barney Frank have called the government to lift the temporary caps on the GSEs' portfolios, however, Paulson argued that the plan wouldn't help those at risk of foreclosure because the GSEs buy prime mortgages.
ACCESSION #
26746112

 

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