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FHFA's Role: Manage Fannie and Freddie Under Current Statutory Mandates

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Published on May 13, 2014

Mel Watt, Director, FHFA: The agency's role is to manage Fannie Mae and Freddie Mac under current statutory mandates to ensure that Fannie and Freddie operate in a safe and sound manner, to preserve their assets, and to ensure a liquid and efficient national housing finance market.

http://www.brookings.edu/events/2014/...

On May 13, the Economic Studies program at Brookings hosted a conversation with Mel Watt, the new director of the Federal Housing Finance Agency, on managing Fannie Mae and Freddie Mac in the present and the 2014 strategic plan for the conservatorship of Fannie and Freddie.

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