Thursday, May 11, 2017

FHFA Director: Next year, taxpayers will foot any Fannie, Freddie losses

In a testimony before the U.S. Senate Committee on Banking, Housing and Urban affairs, the FHFA director explained the urgent need for GSE reform. He calls the 0% buffer irresponsible, and says taxpayers could feel the burden of the decision next year.

from Byrd Mix via byrd memphis developer

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