Senator Calls For FHFA to End Fannie, Freddie Conservatorship
The Wall Street Journal - November 19, 2014 - November 20, 2014
The Wall Street Journal, By Joe Light
A top housing regulator on Wednesday wouldn’t rule out the possibility that the federal government would end its conservatorship of mortgage-finance companies Fannie Mae and Freddie Mac if Congress doesn’t do so.
Federal Housing Finance Agency Director Melvin Watt said during a hearing of the Senate Banking Committee on Wednesday that overhauling the housing-finance system should be left to Congress. He expressed hesitation at giving his own thoughts on how Congress should proceed.
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