GOP Pushes for Fannie & Freddie Phase-Out

A package of GOP bills to restrict and then wind down Fannie and Freddie illustrate what a vigorous, market-oriented House majority can and should do to get things done. A coalition of Republican House of Representatives Members has announced a package of bills that would first restrict and then …

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Written by Eli Lehrer on Tuesday March 29, 2011

Fannie & Freddie Reforms Won't Save Taxpayers

Taxpayer aid to Fannie Mae and Freddie Mac is already more than $150 billion. But don't expect that number to drop even if Congress passes reforms. Freddie Mac, the mortgage-finance company operating under federal conservatorship, reported a loss this week of $14 billion for 2010.  No goodwill …

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Written by Steven Trowern on Sunday February 27, 2011