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Home » Store » News » Baker Inquiry Disregarded by HUD

Baker Inquiry Disregarded by HUD

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Early this spring – and months before several lawmakers began calling for a new regulatory regime for Fannie and Freddie – Rep. Richard Baker, R-LA, inquired about the oversight of GSE operations carried out by the Department of Housing and Urban Development. In an April 11 letter that the Louisiana Republican sent to HUD Secretary Mel Martinez, Baker asked whether the two GSEs needed to comply with the agency’s disclosure policies and whether Fannie
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