FHFA Responds to Criticism of GSE Bonuses

The bonuses paid to Fannie Mae and Freddie Mac executives are structured to retain managers who have the skills to run the giant mortgage companies, according to a letter Federal Housing Finance Agency acting director Edward DeMarco sent to several senators on Thursday.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_473/fhfa-responds-criticism-gse-bonuses-1027413-1.html

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