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On January 27, 2015 the FHFA Director, Melvin L.
Watt, testified in front of the U.S. House of
Representatives Committee on Financial Services.
Director Watt's testimony provided, amongst other items, an
update on the financial condition of Fannie Mae and Freddie
Mac and the financial condition of the Federal
Home Loan Banks. Release.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.