Frank Eyes End To Fannie Mae, Freddie Mac

25 Jan 2010

Rep. Barney Frank (D-Mass.) says the House Financial Services Committee, which he chairs, is going to recommend abolishing Fannie Mae and Freddie Mac and coming up with “a whole new system of housing finance.”

Rep. Barney Frank (D-Mass.) says the House Financial Services Committee, which he chairs, is going to recommend abolishing Fannie Mae and Freddie Mac and coming up with “a whole new system of housing finance.” Frank provided no details about the plan but last month said an overhaul of ...

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