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« FHFA Director: Congress Needs To Act On Housing Finance Reform | Main | Frank: GOP Has Failed To Act To Eliminate Fannie and Freddie »
Thursday
Nov032011

GSE Model Burdened Taxpayers With Billions, Says FHFA Director

AuthorStaff DateThursday, November 3, 2011 at 4:46PM

Acting Director of the Federal Housing Finance Administration and Fannie Mae/Freddie Mac conservator, Edward DeMarco, criticizes the Government Sponsored Enterprise model for leaving tax payers with a multi billion dollar burden. (0:30)

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