Menu

Fannie, Freddie Could Be at Risk of Needing More Government Funds

The Wall Street Journal, By Joe Light

Mortgage-finance companies Fannie Mae and Freddie Mac could be at risk of needing more government bailouts, a watchdog said in a report set to be released Wednesday.

The report from the inspector general for the Federal Housing Finance Agency, which regulates Fannie and Freddie, warns that the companies’ declining profits and capital cushions could leave them vulnerable in the event of an economic downturn.

Read the full article: Fannie, Freddie Could Be at Risk of Needing More Government Funds