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Volume 9 - Number 6

March 17, 2010

Fannie, Freddie Exempt from FOIA, FHFA Argues

Judicial Watch, a conservative self-styled government watchdog, has filed another Freedom of Information Act lawsuit against the Federal Housing Finance Agency after the GSEs’ regulator told a U.S. District Court that Fannie Mae and Freddie Mac are not covered under FOIA because they remain private entities, even though they have been under federal conservatorship for the last 18 months..

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Poll

The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

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Housing Pulse

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