Tuesday, May 22, 2007

U.S. House passes Fannie Mae/Freddie Mac reform bill

(Reuters) - Under the bill, a portion of both Fannie Mae and Freddie
Mac's profits would be set aside for an affordable housing
fund. In the first year, the money would be earmarked for
victims of hurricanes Katrina and Rita.




Read more at Reuters.com Government Filings News

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