Decision By Fannie, Freddie, May Spur Legislation

CQ is reporting that Fannie Mae and Freddie Mac's plans to limit its investment portfolio could mean that S. 190, a bill overhauling regulation of that company and Fannie Mae this year. Unlikely with the Senate's packed schedule, nonprofit advocates can breathe a little easier for the moment - the anti-advocacy language contained in the House passed bill (see www.ombwatch.org/gseresourcecenter) is not currently within the Senate version.
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