White House Weighs Mortgage Giant Holdings

More on Freddie Mac:

(AP) The Bush administration is proposing that Congress reduce the multibillion-dollar holdings of mortgage giants Fannie Mae and Freddie Mac, a plan bitterly opposed by Democrats but gaining momentum on Capitol Hill as Republican lawmakers push to rein in the powerful companies recently beset by accounting scandals.

This entry was posted on Monday, May 23rd, 2005 at 4:18 am and is filed under Law. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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