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HUD to Review Fannie Mae and Freddie Mac Financial Statements

Posted on June 14th, 2006 by Jeffrey Posner

While Congress debates setting up a new entity to regulate the government sponsored mortgage market makers Fannie Mae and Freddie Mac, HUD is stepping in under existing authority to review their financial statements.

To that end, the Department will soon initiate a review of Fannie Mae and Freddie Mac investments and holdings, including certain equity and […]

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