CU Exec To U.S. Senate: Privatization Of Secondary Mortgage Market A Bad Idea

A leading credit union executive told the Senate Banking Committee this morning that ongoing proposals to wind down Fannie Mae and Freddie Mac and privatize the secondary mortgage market would harm credit unions and other community lenders to the detriment of millions of homebuyers.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_460/privatization-secondary-mortgage-market-1027129-1.html

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