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Home » Fannie Mae Disputes Numbers in OFHEO Pay Report
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Fannie Mae Disputes Numbers in OFHEO Pay Report

October 20, 2004
More questions have surfaced about GSE compensation following the revela­tion earlier this month that 21 employees of Fannie Mae made over $1 mil­lion and that top GSE executives have received hefty bonuses and generous fringe benefits. Specifically, Fannie is now disputing figures included in the compensation re­port that indicate Chairman and CEO Franklin Raines received $7,200 for pay­ments to a private country club in 2002. Rep. Richard Baker, R-LA, released the compensation report during a…
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