Fannie and Freddie may reduce capital requirements - DFWstangs Forums
 
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post #1 of 1 (permalink) Old 03-19-2008, 05:26 PM Thread Starter
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Location: Fort Worth, Texas (North Side)
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Fannie and Freddie may reduce capital requirements

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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.
http://www.bloomberg.com/apps/news?p...efer=worldwide

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.
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