Saturday , 31 October 2020

Congressman Plans to Introduce Bill to Stop Potential Pay Hike for GSE CEOs

By Brian Honea

Royce said in a statement on his website that it is “unconscionable” that Freddie Mac would elevate the pay of its CEO to that level while taxpayers are still on the hook. The fact that the GSEs are still under conservatorship of the FHFA, where they have been since September 2008, is still a contentious one among politicians and stakeholders in the housing market.

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