Monday, January 25, 2010

Barney Frank seeks end to Fannie, Freddie

Barney Frank seeks end to Fannie, Freddie.

"‘The committee will be recommending abolishing Fannie Mae and Freddie Mac in their current form and coming up with a whole new system of housing finance,’ said Frank during a finance committee hearing Friday, according to Bloomberg News. ‘That’s the approach, rather than a piecemeal one.’"

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