Fixing Fannie And Freddie

Shelby is highest ranking Republican on Senate Banking commitee; U.S. government seizes control o...  More »

Shelby is highest ranking Republican on Senate Banking commitee; U.S. government seizes control of Fannie, Mae, Freddie Mac; Banking commitee to hold hearing on Fannie, Freddie takeover; Treasury to invest up to $200 Billion to keep FNM & FRE solvent; Fannie, Freddie employ more than 11,000 people; Treasury will begin buying mortgage securities to fix housing market; Analysis by Sen. Richard Shelby, (R) Albama  « Less