Thursday, March 31, 2011

House panel chief plans May vote on Fannie Mae, Freddie Mac

House panel chief plans May vote on Fannie Mae, Freddie Mac..The House Financial Services Committee plans to vote in early May on a bill to wind-down Fannie Mae and Freddie Mac within five years, Representative Spencer Bachus, the panel's chair, said on Thursday. That move would mark another shift in strategy among House Republicans about what to do with the two largest providers of funding for the $10.6 trillion U.S. residential mortgage market

http://townhall.com/news/politics-elections/2011/03/31/house_panel_chief_plans_may_vote_on_fannie_freddie

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