Leach mulls Freddie, Fannie reform bill for '99

Brockman, Joshua
May 1998
American Banker;5/21/1998, Vol. 163 Issue 96, p10
Trade Publication
Reports that Jim Leach, chairman of the House Banking Committee, is reviewing legislation which would place officials of the Treasury Department, on the boards of Federal Home Loan Mortgage Corporation (Freddie Mac) and Federal National Mortgage Association (Fannie Mae). How investments made by Fannie Mae and Freddie Mac can be assessed; Estimated non-mortgage investments recorded by the General Accounting Office (GAO).


Related Articles

  • Leach revives debate over Freddie's status. Kulkosky, Edward // American Banker;4/16/1997, Vol. 162 Issue 72, p12 

    Discusses the debate over the privileged status of Freddie Mac and Fannie Mae after Representative James A. Leach criticized Freddie Mac's purchase of $125 million in Philipp Morris bonds. Financial management strategy; Moral question and legal technicalities; Authority to conduct arbitrage...

  • GSEs' Derivatives Holdings Doubled to $1.6T in 2001. Fernandez, Tommy // American Banker;6/18/2002, Vol. 167 Issue 116, p12 

    Cites a report by the U.S. Office of Federal Housing and Enterprise Oversight regarding the collective derivative portfolio of Federal National Mortgage Association and Federal Home Loan Mortgage Corp. in 2002. Amount of portfolio and percentage increase from 2001; Components of portfolios of...

  • No-Mortgage Investments Up.  // National Mortgage News;6/24/2002, Vol. 26 Issue 39, p1 

    Reports on the increase in non-mortgage investments by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corp. in 2001. Rates of increases; Components of non-mortgage investments; Value of contracts entered into by the two companies.

  • Fannie and Freddie Bring $4.2B Portfolio to Market. Wilhelm, Colin // Nationalmortgagenews.com;1/06/2014, p11 

    The article presents the 4.2 billion dollar portfolio of mortgage service provider Fannie Mae and Freddie Mac.

  • Freddie Mortgage Holdings Dip. Shenn, Jody // American Banker;7/25/2006, Vol. 171 Issue 141, p11 

    The article reports that Freddie Mac shrank its mortgage holdings for a second month in June 2006. Its retained portfolio declined at a 1.4% annual rate in June to $722 billion. Fellow government-sponsored rival Fannie Mae agreed to cap its portfolio at its year-end 2005 levels. Freddie Mac's...

  • Fannie and Freddie are safe and sound. Halverson, Guy // Christian Science Monitor;4/20/98, Vol. 90 Issue 100, pB5 

    Answers two investment questions for April 20, 1998. Why notes and bonds from the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corp. (Freddie Mac) are safe investments; Whether to use home equity or assets from a short term bond fund for home renovations.

  • Assessing Risks and Potential Benefits of GSE Seizure. Sloan, Steven; Kaper, Stacy // American Banker;9/12/2008, Vol. 173 Issue 177, p1 

    The article discusses the potential impact which the seizure of the companies Fannie Mae and Freddie Mac may have on taxpayers. Risks which are discussed in the article include the tying up of taxpayers' money for up to 30 years. The impact which the housing market may have on the actions taken...

  • Banks: Make Freddie, Fannie maintain higher capital levels. Prakash, Snigdha // American Banker;11/14/1996, Vol. 161 Issue 219, p12 

    Reports on the banks' lobbying measure for the government to increase the capital that must be held by housing finance agencies Federal National Mortgage Corp. and the Federal Home Loan Mortgage Corp to loosen the mortgage investment business. Triple-A standard rating on their financial merits;...

  • Competition and refi boom put Remic market in orbit. Brockman, Joshua // American Banker;5/26/1998, Vol. 163 Issue 98, p8 

    Reports on the increase of real estate mortgage investment conduits (Remic) for the year 1998, in relation to the combat between the United States Federal National Mortgage Association (Fannie Mae) and the United States Federal Home Loan Mortgage Corporation (Freddie Mac), in the setting of...


Read the Article


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

Try another library?
Sign out of this library

Other Topics