TITLE

GSE Portfolio Expansion Bill Introduced

AUTHOR(S)
Sloan, Steven
PUB. DATE
October 2007
SOURCE
American Banker;10/11/2007, Vol. 172 Issue 196, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the introduction of a legislative bill, proposed by Melissa Bean and Randy Neugebauer, which would permit Fannie Mae and Freddie Mac to expand their mortgage portfolios by ten percent for one year. The proposers. Bean and Neugebauer, believe the bill would help the mortgage market and provide nearly $145 billion in additional capital to assist refinancing measures.
ACCESSION #
27061394

Tags: LEGISLATION;  LEGISLATIVE bills;  MORTGAGE loans -- Government policy;  FREDDIE Mac (Company);  FANNIE Mae;  NEUGEBAUER, Randy;  BEAN, Melissa

 

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