Pick for Fannie and Freddie oversight in limbo of principal reduction debate

Confirmation of North Carolina bank commissioner Joseph Smith to head up the agency that oversees the GSEs became a casualty of partisan power mongering as Congress took off for the holiday last week. It’s questionable, given the trade-offs likely to begin in earnest when a new Senate session convenes Jan. 5, whether Smith will make the cut, despite his own claims and proven track record of independence and tax payer advocacy. Reuters reports.

Read more…

Upcoming Events

  • Raleigh Dealmakers

    Hilton Raleigh North Hills

    Register Now
  • Charlotte Dealmakers

    Sonesta Charlotte Lower South End

    Register Now
  • Columbus Dealmakers

    Renaissance Columbus Downtown Hotel

    Register Now
All Events