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Article: Anti-GSE CEOs' Real Goal: Stir Congress: Financial Services Forum says it's not involved in this fight.(government-sponsored enterprises)
- Article from:
- American Banker
- Article date:
- March 13, 2001
- Author:
CopyrightCOPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The handful of financial services industry executives publicly criticizing Fannie Mae and Freddie Mac are trying to prompt congressional hearings where they can tell their stories of intimidation and retaliation in detail, industry sources said Monday.
Fannie and Freddie have dismissed the allegations, citing a lack of specifics, and their regulator, the Office of Federal Housing Enterprise Oversight, has said it would need more proof to open an investigation. But a number of financial services executives said Monday that details would be more forthcoming if the companies involved were given a forum that would shelter them from retribution.
Most sources agreed that a ...