Committee leaders push the NCUA and CFPB to cease any involvement with the operation.
A new bill aims to increase Financial Stability Oversight Council transparency.
Irked by snub, lawmaker aims to pull the curtains at agency that decides on risk, regulation of nonbank firms.
House Financial Services Chair Jeb Hensarling touts benefits of Fannie, Freddie phase out.
The House Financial Services Committee passed the Protecting American Taxpayers and Homeowners Act July 24 by a vote of 30-27.
House panel passes measure to eliminate Fannie Mae and Freddie Mac, largely privatize secondary mortgage market.
The Federal Housing Finance Agency, the regulator and manager of government-owned Fannie Mae and Freddie Mac, is poised to start to restructure the secondary mortgage market whether credit unions, banks or legislators are ready or not.
House subcommittee chair blames "bad mortgages" in comments at hearing on government-sponsored enterprises.
Panel to discuss how government policy at Fannie and Freddie played role in housing collapse and financial crisis.
Legislation increases borrowing authority by one third, draws Republican ire and promises to take NFIP private.