Federal Housing Enterprise Oversight

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Are Investors Overreacting on Fannie, Freddie?

Jul 10, 2008By

While MBS markets firmed following Office of Federal Housing Enterprise Oversight director James Lockhart’s insistence earlier this week that FASB’s accounting changes should not drive capital changes at either Fannie Mae [stock FNM][/stock] or Freddie Mac [stock FRE][/stock], it’s pretty clear Thursday that both the debt and equity markets are still skeptical.

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

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