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Home » Store » News » GAO Finds OFHEO Lacking in Enforcement Powers, Baker to Use Study as Guide in GSE Reform Bill

GAO Finds OFHEO Lacking in Enforcement Powers, Baker to Use Study as Guide in GSE Reform Bill

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A new General Accounting Office study has found the Office of Federal Housing Enterprise Oversight to have limited enforcement powers over Fannie Mae and Freddie Mac – a finding that Rep. Richard Baker says will give boost to his quest for a stronger, independent regulator of the two housing government-sponsored enterprises.
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