At His First Financial Services Hearing, Hill Cautions Lax Standards of Fannie Mae and Freddie Mac
At yesterday’s House Financial Services Committee hearing entitled “Sustainable Housing Finance: An Update from the Federal Housing Finance Agency,” Congressman Hill questioned the Director of the Federal Housing Finance Agency (FHFA) Mel Watt about FHFA’s decision to siphon hardworking Americans’ tax dollars from Fannie Mae and Freddie Mac to support the…
