Event Details
January 01, 2009
Description
FHFA Report to the Congress
Participants (2)
| Name | Type | Mentions | |
|---|---|---|---|
| Members of US Congress | person | 0 | View Entity |
| FHFA | organization | 4 | View Entity |
Source Documents (1)
HOUSE_OVERSIGHT_020920.jpg
The document consists of two slides from a KPCB 'USA Inc.' financial presentation (pages 157 and 158) analyzing the rising debt levels and credit losses of Government-Sponsored Enterprises (GSEs) like Fannie Mae and Freddie Mac between 1971 and 2010. The slides highlight the risks of non-conventional mortgage lending, noting that while such mortgages made up only 30% of Fannie Mae's balance, they caused the majority of losses. The document bears a 'HOUSE_OVERSIGHT_020920' Bates stamp, indicating it was part of a document production to the House Oversight Committee.
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