Geithner on Freddie & Fannie’s Long-awaited Renovation
March 23, 2010 at 14:37 PM EDT
U.S. Treasury Secretary Tim Geithner told Congress Tuesday that the housing finance system cannot continue to operate as it has in the past and called for an end to the “ambiguity” over the govt’s involvement in finance mortgage co.’s Fannie (FNM) and Freddie (FRE), which have been under govt control since Sept ‘08. According [...]
