Nearly six years after the first scrutiny of the GSEs and their oversight by a member of Congress, the full Senate is on the verge of passing comprehensive GSE reform legislation. The Senate began considering the GSE legislation as part of a broader omnibus housing package, H.R. 3221, the Foreclosure Prevention Act of 2008, this past Thursday. And after Senators voted Tuesday of...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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