Bush Administration Casts Another Shadow Over MBS Invest-ment Portfolios at Fannie and Freddie
June 16, 2006
Already under a growth freeze and facing tougher competition from other investors, the largest investors in the mortgage securities market this week learned that government regulators are taking a new look at how Fannie Mae and Freddie Mac fund their massive MBS portfolios. Few analysts expect the Treasury Department to come to any radical new policy as it reviews its process for approving debt issues by the government-sponsored enterprises, a review that was discussed by…