Fannie and Freddie report delayed

Printer-friendly versionSend by email

The Obama administration will most likely miss a deadline for its anticipated report regarding the future of Fannie Mae and Freddie Mac, according to The Wall Street Journal.

January 31, 2011

 

The Obama administration will most likely miss a deadline for its anticipated report regarding the future of Fannie Mae and Freddie Mac, according to The Wall Street Journal.

The Dodd-Frank law that called for changing financial-industry regulations didn’t address the mortgage giants, but it did require the Treasury Department to report recommendations by Jan. 31.

Officials say they plan to release the report by mid-February. However, due to a lack of agreement between Treasury and White House officials, the report will most likely have several proposals for replacing Fannie and Freddie.

Comments on: "Fannie and Freddie report delayed"

July 2014

This Month in Professional Builder

Products

The Foundry Specialty Siding Shapes Collection from the Tapco Group adds dimension to a home’s exterior and draws attention with its finely crafted details.

Features

The House Review design team offers five plans to accommodate parents, children, and grandparents under one roof.