Married Man on 14Feb2010
Join Date: Jun 2001
Location: Fort Worth, Texas (North Side)
Fannie and Freddie may reduce capital requirements
March 19 (Bloomberg) -- U.S. regulators may reduce capital requirements imposed on Fannie Mae and Freddie Mac, the world's largest mortgage companies, to help them expand their combined $1.5 trillion in investments and revive the market for home loan securities, according to people with knowledge of the plan.
What a great idea for them to ignore risk completely!
The mess will get even bigger as the government seeks ways to reinflate the bubble.