Geithner backs reform of Fannie Mae and Freddie Mac
While signaling his support, the Treasury secretary says a restructuring of the mortgage finance giants would require some form of guarantees to keep the government-sponsored enterprises afloat.
Treasury Secretary Timothy F. Geithner signaled his support Tuesday for reforming beleaguered mortgage finance giants Fannie Mae and Freddie Mac.
L.A. Times - News — While signaling his support, the Treasury secretary says a restructuring of the mortgage finance giants would require some form of guarantees to keep the government-spons... more info