GAO Calls Fannie, Freddie Reform Proposals Shortsighted

Law360 (January 18, 2019, 11:27 PM EST) -- Federal plans to release Fannie Mae and Freddie Mac from conservatorship have been too shortsighted about the implications of restructuring housing finance, the Government Accountability Office said in a report released Friday.

The government’s chief auditor warned that many of the biggest proposals for reform from Congress, regulators and the financial industry have not outlined a goal for the federal government's role in the housing market or considered the ripple effect of reform on agencies like the Federal Housing Administration.

“Seven of [the] proposals we reviewed — including proposed legislation — do not consider if and how they would affect other...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!