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Home » Store » Taxable » Fannie and Freddie Try to Soften Governance Rule

Fannie and Freddie Try to Soften Governance Rule

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Fannie Mae and Freddie Mac are not exactly thrilled with a proposed rule that would ramp up corporate governance at the GSEs and impose stricter control over how the firms are managed. Both GSEs, in comment letters submitted to the Office of Federal Housing Enterprise Oversight, said the agency should reconsider a number of key provisions including those that would compel the firms to change auditors every 10 years, limit the terms of board
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