News Report critical of pay practices at Fannie Mae, Freddie Mac

Report critical of pay practices at Fannie Mae, Freddie Mac

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Report critical of pay practices at Fannie Mae, Freddie Mac

(Reuters) - The heads of bailed-out mortgage finance giants Fannie Mae and Freddie Mac were paid fat salaries without proper written procedures or analysis, according to a report published by the Inspector General of the Federal Housing Finance Agency (FHFA-OIG).

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