Feb 19, 2011

Obama Proposes Fannie & Freddie Reforms as Housing Market Continues to Languish

Obama Proposes Fannie & Freddie Reforms as Housing Market Continues to Languish

Three years after the housing market collapsed, efforts to clean up the financial mess created by Fannie Mae (OTC: FNMA) and Freddie Mac (OTC: FMCC) - the government agencies that largely inflated the bubble - remain stuck in limbo as Washington policymakers bicker over the details.

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