Bob Casey

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Democrats Push for Foreclosure Freeze at Fannie, Freddie

Sep 11, 2008By

Four Democratic Senators, led by Charles Schumer (D-NY), are pushing federal regulators and new chief executives at Fannie Mae [stock FNM][/stock] and Freddie Mac [stock FRE][/stock] to freeze all foreclosures on loans they own for 90 days. Numerous news outlets reported on the move Thursday afternoon, citing a letter sent by Schumer, Sherrod Brown (D-OH), Bob Casey (D-PAU), Bob Menendez (D-NJ) earlier this week.

3d rendering of a row of luxury townhouses along a street

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