Wednesday, May 16, 2007

White House says it supports GSE reform bill in House

(Reuters) - The bill "include elements that are essential for proper regulatory oversight of the housing GSEs and for protecting the safety and soundness of the housing finance system and the broader financial system," a White House statement reads.

Fannie and Freddie are known as government-sponsored enterprises because they hold federal charters to promote home ownership.


Read more at Reuters.com Government Filings News

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