Gov’t-Run GSEs Bad Idea: Lockhart

22 Jun 2009

James Lockhart, director of the Federal Housing Finance Agency, says it’s a bad idea for the government to run Fannie Mae and Freddie Mac.

James Lockhart, director of the Federal Housing Finance Agency, says it’s a bad idea for the government to run Fannie Mae and Freddie Mac. Speaking at a conference, Lockhart, whose agency currently regulates the two government-sponsored entities, said that is often difficult to calculate or charge an actuarially ...

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