Administration Defers Reform Proposal for Fannie and Freddie Until 2011, Realtors See Nonprofit as Option
February 26, 2010
The Obama administration has deferred until next year the release of specific proposals for reforming Fannie Mae, Freddie Mac and the mortgage finance business in general, although officials plan to begin researching possible strategies sometime sooner. During a hearing in the House Budget Committee this week, Treasury Secretary Timothy Geithner made the unexpected...