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Article: Shoot-Out AT Gucci Gulch.(regulatory scheme for Fannie Mae and Freddie Mac)
- Article from:
- Mortgage Banking
- Article date:
- May 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Mortgage Bankers Association of America. 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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Congress is ground zero for a brewing debate over a revitalized regulatory scheme for Fannie Mae and Freddie Mac. After a nasty interlude last year, the debate has become more civil. Whether a bill passes this year or not, better oversight is definitely in play and the high-stakes lobbying is well under way.
THEIR LOBBYISTS IN CONGRESS SPORT THE LATEST IN WIRELESS, CELLULAR, DIGITAL AND EVERY OTHER KIND OF TECHNOLOGY THAT CAN BE CARRIED IN A BRIEFCASE OR SUIT. Did someone mention suits? Brooks Brothers is low-end in this crowd. When wealth and power mingle, that's just how it must be. And in the clash of the mortgage titans and those who would oversee the combat, ...