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Article: Fannie Mae, Freddie Mac Probed
- Article from:
- AP Online
- Article date:
- March 9, 2001
- Author:
CopyrightThis material is published under license from the Associated Press. All inquiries regarding rights should be directed to the Associated Press. (Hide copyright information)
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MARCY GORDON, AP Business Writer
AP Online
03-09-2001
Fannie Mae, Freddie Mac Probed
WASHINGTON (AP) -- Lawmakers are looking into allegations that officials of Fannie Mae and Freddie Mac threatened major banks with retaliation for criticizing the mortgage-market giants.
A Fannie Mae spokeswoman on Friday called the charges of intimidation ``absolutely not true''; the chairman of Freddie Mac said they were ``totally false.''
A campaign to rein in the two government-sponsored yet publicly traded companies widened, meanwhile, as a coalition of chief executives from some of the biggest banks and financial companies reportedly joined in.
The big banks and financial companies compete with -- ...
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Article: Delinquencies Rise at Fannie Mae, Freddie ...
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