House passes GSE reform bill
Portfolio limits, affordable housing fund potential Senate roadblocks
By Inman News, Tuesday, May 22, 2007.Bookmarking Sites
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The House of Representatives passed legislation Tuesday that would strengthen oversight of Fannie Mae and Freddie Mac, but some provisions of the bill are expected to be the subject of further Senate debate.
Approved by the House in a 313-104 vote, the Federal Housing Finance Reform Act of 2007 would create a new federal regulator for Fannie and Freddie, the Federal Housing Finance Agency. more...
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