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Home » Store » News » GSE Reform Clears First Hurdle in Senate, but Prospects Still Clouded by Lack of Consensus

GSE Reform Clears First Hurdle in Senate, but Prospects Still Clouded by Lack of Consensus

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A key Senate committee late last week approved a fairly tough plan to bolster oversight of Fannie Mae and Freddie Mac, but there appears little chance that the fledgling bill will get much further this year unless the cause is championed by the government-sponsored enterprises themselves.
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