Community bankers urge Watt to let Fannie, Freddie build capital
Politico Pro - December 15, 2014 - December 15, 2014
Politico Pro, By Jon Prior
The Independent Community Bankers of America is urging Federal Housing Finance Agency Director Mel Watt to allow government-controlled Fannie Mae and Freddie Mac to build larger capital reserves in the face of potentially higher risks from his latest decisions, according to a Dec. 12 letter the group sent to the agency.
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