fmko ( 無神論者は神を知っていない。) asked:


The president acknowledged the legislation was necessary to reform the regulation of government-supported enterprises (GSEs) like Fannie Mae and Freddie Mac. In 2003, the president and his administration had recommended "recommended the most significant refurbishment regulator of the industry's finances since the cover S & L crisis a decade ago. Below | a's? the agency's new plan would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, companies with government support are the two biggest players in the mortgage lending industry. "(Stephen Labaton," ; The new agency overseeing Fannie Mae and Freddie Mac, "New York Times, 9/11/03) Chairman Barney Frank (direct access memory) of financial services committee of the house: "The? Fannie Mae's? â these two entities? of? â Freddie Mac are not facing any kind of? â the financial crisis | more people exaggerate these problems, the more pressure there is on these companies, unless we see in terms of housing. "affordable (Stephen Labaton," The new agency overseeing Fannie Mae and Freddie Mac, "New York Times, 9/11/03) In 2004, representative. Frank said "I think Wall Street will get over it [if collapsed Fannie Mae and Freddie Mac]. "(Editorial," Fannie Mae 's patron saint, "Wall Street Journal, 9/9/08) Majority Leader Harry Reid of the Senate (D-NV): "The law committee of the senate banking, passenger today on a party-line vote by the Republican majority, includes measures that could cripple the ability of Fannie Mae and Freddie Mac to carry out its mission? extension of homeownership â | favors while improving oversight by our federal housing regulators to ensure safety and validity, we can not approve legislation that could limit Americans from owning homes and potentially harm our economy in the process. " (United Press International, 7/28/05) International Herald Tribune: "The inauguration of the Democratic victory was important for Congress? â Fannie and Freddie | Fannie Mae and Freddie Mac, the two giants of the mortgage finance, which have been recovering from accounting scandals, had faced the possibility of tight new oversight laws pushed in largely by Republicans. But some powerful Democrats had resisted, preferring to promote the mission of the cover? of? companiesâ of standards for capital and tighter limits on the list. (International Herald Tribune, 11/8/06) Sen. Barack Obama (D-IL) has received $ 126,349 from Fannie Mae and Freddie Mac, more than any member of Congress except Sen. Dodd. (Lindsay Renick Mayer, "Fannie Mae and Freddie Mac invest in legislators," Center for Politics' responsive, "Eye" capital Blog, www.opensecrets.org reached 9/11/08)