Heat is On to Get Fannie and Freddie to Disclosure More Info on Debt, MBSs
October 11, 2002
The political pressure is mounting on Fannie Mae and Freddie Mac to disclose more information about the loans backing their mortgage-backed securities. On one front, Federal Reserve Governor Susan Bies went on record last week with the opinion that Fannie and Freddie should provide the same kind of detailed MBS disclosures as private-sector firms. Reportedly, she said that while the