Regulator’s Lack of Details on Mortgage Giants Worries Investors
The regulator overseeing Fannie Mae and Freddie Mac, the two largest mortgage lenders in the US, has been criticized for providing too little information about their financial health. Fannie Mae and Freddie Mac are government-sponsored enterprises (GSEs) that play a critical role in the country’s mortgage market. They guarantee millions of home loans, allowing banks … Read more