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Volume 9 - Number 5

March 3, 2010

Obama Punts on GSEs, But Frank to Press Ahead

The Obama White House says it will spend the next year developing a plan for overhauling the mortgage finance system in the United States, including the form and future of Fannie Mae and Freddie Mac, but that extended delay is not going to keep House Financial Services Committee Chairman Barney Frank, D-MA, from pressing ahead. “I believe the time has come to see to a total reorganization of housing...

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