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Testimony before the Committee on Science, U.S. House of Representatives
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Testimony before the Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises, Committee on Banking and Financial Services, U.S. House of Representatives
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Testimony before the Subcommittee on African Affairs, Committee on Foreign Relations, United States Senate
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The Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) are retaining about $2 billion annually in benefits from federal sponsorship, according to a new Congressional Budget Office (CBO) study, Assessing the Public Costs and Benefits of Fannie Mae and Freddie Mac. If those benefits were passed through to home buyers, mortgage interest rates would be lower and home ownership rates would be higher.
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Testimony before the Sucommittee on Trade, Committee on Ways and Means, U.S. House of Representatives
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Testimony before the Committee on the Budget, United States Senate
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Testimony before the Committee on the Budget, U.S. House of Representatives