The chief executives of both Freddie Mac and Fannie Mae as well as the
Chairman of the Federal Deposit Insurance Corporation and the Federal
Housing Commissioner and Assistant Secretary of the Department of Housing
and Urban Development testified last week in a hearing
before the U.S. House Committee on Financial Services about solutions to
the current subprime
mortgage turmoil.
Each of the four had some interesting things to say about what their
organizations/agencies are doing or could be doing to resolve the
situation and...
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