On the recordMay 11, 2011
The fact that Fannie and Freddie have stood in the way of principal reductions, there is no need to allow that to continue.
Source
congress.govThe fact that Fannie and Freddie have stood in the way of principal reductions, there is no need to allow that to continue.
Menendez emphasizes the need to address Fannie and Freddie's resistance to principal reductions.
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