Housing Bill Calls For New Fannie-Freddie Regulator

by John Ydstie, NPR

Congress is expected to vote this week on legislation that addresses the home foreclosure crisis and provides financial aid to Fannie Mae and Freddie Mac. The struggling firms are currently regulated by a division of the Department of Housing and Urban Development. The bill would establish a new, independent regulator.

Broadcast Dates

• Morning Edition, July 23, 2008