Strong Results Are No Reason To Dodge GSE Reform—Stegman

22 Jan 2014

Recent improvements in Fannie Mae and Freddie Mac’s quarterly results could overstate their true financial state, and must not distract policymakers from vital housing finance reforms, said Michael Stegman, counselor to the secretary of the Treasury for housing finance policy, on Wednesday.

Recent improvements in Fannie Mae and Freddie Mac’s quarterly results could overstate their true financial state, and must not distract policymakers from vital housing finance reforms, said Michael Stegman, counselor to the secretary of the Treasury for housing finance policy, on Wednesday.

After several strong quarters for the government ...

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