U.S. Mulls Easing Fannie, Freddie Oversight: WSJ

Law360, New York (January 17, 2008, 12:00 AM EST) -- The federal government may soon ease its strict oversight of government-sponsored lenders Fannie Mae and Freddie Mac, as evidenced by a new proposal that would lessen reporting requirements regarding planned debt issuances by the enterprises.

The private proposal, issued by the U.S. Treasury Department on Monday, would revamp the guidelines for debt issuances by Freddie Mac and Fannie Mae, allowing the lenders to report to the department twice annually instead of every quarter, according to the Wall Street Journal, which cited sources with direct knowledge of...
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