For Cuomo as HUD Secretary, a Mixed Score

External News Details

“I could tell you, loan by loan, what Bank of America was generating in a neighborhood,” said Dan Immergluck, a professor of housing policy at Georgia Tech. “I could not get that for” Fannie and Freddie. Speaking of Fannie Mae and Freddie Mac, called government-sponsored enterprises, he said: “I wanted the public to know what kind of loans the GSEs were buying and investing in. And we didn’t want the subprime stuff to count toward the housing goals. I think the general conclusion is that it did.”

Additional Information

Groups

College of Design, School of City & Regional Planning

Categories
No categories were selected.
Keywords
Fannie Mae, Housing, HUD, Subprime Mortgage
Status
  • Created By: Bruce Stiftel
  • Workflow Status: Published
  • Created On: Aug 24, 2010 - 6:13am
  • Last Updated: Oct 7, 2016 - 10:24pm