The Securities and Exchange Commission last week began distributing more than $356 million to investors harmed by the financial fraud that occurred at Fannie Mae from 1998 to 2004. The scandal drove the GSE’s leadership from the executive suite and forced a massive...
The new FHFA director’s whirlwind first week resulted in widespread staffing cuts at the regulator and a dramatic change in leadership at the GSEs. So far, criticism has been muted.
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