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

Holzer, Jessica
September 2007
Hill;9/12/2007, Vol. 14 Issue 104, p14
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.


Related Articles

  • GSE Players in Room; No Deal.  // American Banker;4/17/2008, Vol. 173 Issue 74, p3 

    This article discusses a 2008 meeting between key players in U.S. government sponsored enterprise (GSE). At that time, legislation to reform GSEs, including Fannie Mae and Freddie Mac, was under consideration. Senators Christopher Dodd and Richard Shelby met with Treasury Secretary Henry Paulson...

  • Don't Let Dodd Create Another Meltdown. Carroll, Conn // Human Events;9/29/2008, Vol. 64 Issue 33, p1 

    The author asserts that the integrity of the U.S. Senate is at stake as the left lets Senate Banking Chairman Chris Dodd author its financial bailout proposal. He comments on the $700 billion that Treasury Secretary Hank Paulson is requesting from Congress to restore liquidity in the financial...

  • Dodd to Retire; Johnson To Take Banking Chair. Blackwell, Rob; Kaper, Stacy; Hopkins, Cheyenne; Adler, Joe // American Banker;1/7/2010, Vol. 175 Issue 4, p1 

    The article reports on the U.S. Senate Banking Committee and its chairman Chris Dodd. Dodd has announced that he plans on retiring and Senator Tim Johnson may be his replacement. Financial issues which may face the Committee in 2010 include the future of the government-sponsored enterprises...

  • Paulson Endorses Utility-Type Model For GSEs.  // Investment Dealers' Digest;1/12/2009, Vol. 75 Issue 2, p17 

    The article reports on the claim of U.S. Treasury Secretary Henry Paulson that government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac should be eliminated and replaced by utility-type companies. According to Paulson, establishing a public utility-like mortgage credit guarantor could...

  • GSE Fears Give Financial Stocks Negative Tone. Davis, Paul // American Banker;7/14/2008, Vol. 173 Issue 134, p16 

    The article reports that as bank stocks are suffering in the U.S. stock market despite efforts by the U.S. Treasury Department and the U.S. Federal Reserve system to deflect concern from the Fannie Mae and Freddie Mac stock performances, investor confidence in government-sponsored enterprises...

  • Dodd, Paulson Discuss GSE Reform. Blackwell, Rob // American Banker;10/1/2007, Vol. 172 Issue 189, p23 

    The article reports on talks between U.S. Senate Banking Committee Chairman Chris Dodd and Treasury Secretary Henry Paulson regarding regulatory reform of government-sponsored enterprises (GSE). A House bill creating a new regulator for Fannie Mae, Freddie Mac, and the Federal Home Loan banks...

  • Shelby in Talks, Sees No GSE Law Soon. Kaper, Stacy // American Banker;10/3/2007, Vol. 172 Issue 191, p19 

    The article reports that Richard Shelby, the top Republican in the U.S. Senate Banking Committee, has meet with Treasury Secretary Henry Paulson to discuss reforming the government-sponsored enterprises and other issues. Shelby also notes that he frequently discusses government-sponsored...

  • Loose Lips Also Move Markets, Reporter Finds.  // Credit Union Journal;9/30/2002, Vol. 6 Issue 39, p25 

    Discusses Massachusetts Congressman Barney Frank's statement that he would be amenable to proposals to eliminate the guaranteed line of credit and local property tax exemptions for government-sponsored enterprises (GSE). Temporary decline in the stock of the Federal National Mortgage...

  • FHFA Stands Ground on GSE Bonuses. Collins, Brian // National Mortgage News;3/30/2009, Vol. 33 Issue 26, p8 

    The article reports on the move of House Financial Service Committee chairman Barney Frank to push James Lockhart, mortgage government-sponsored enterprises (GSEs) regulator, to stop the retention bonuses at Fannie Mae and Freddie Mac in the U.S. Frank has sent a letter expressing his concerns...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics