Financial Regulatory Forum

U.S. considers “bad bank” split of Fannie Mae, Freddie Mac – report

WASHINGTON, Aug 5 (Reuters) – The Obama administration is considering splitting Fannie Mae and Freddie Mac and putting their troubled assets in a new federally backed corporation, The Washington Post reported on Wednesday, citing administration officials. (more…)

U.S. Fannie, Freddie regulator Lockhart to leave post – official

JAMES LOCKHART (FILE)

WASHINGTON, Aug 5 (Reuters) – James Lockhart, the regulator for Fannie Mae and Freddie Mac, will soon step down after more than three years as overseer for the mortgage finance companies, an administration official said.

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