Fannie, Freddie jump as housing-reform push starts

Author: Alistair Barr, MarketWatch


Jul 28, 2010

"Fannie Mae and Freddie Mac shares jumped Tuesday as a push to reform the U.S. housing-finance system got underway.

The Obama administration said Tuesday it's organizing a conference on the future of the U.S. housing finance system for Aug. 17. 

'The future of our housing finance system is critical not only to our economic recovery, but also to millions of American homeowners in every corner of our country,' Treasury Secretary Tim Geithner said in a statement."

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