Related Articles| Flaherty to Tighten Regulation of Canadian Banks April 24 (Bloomberg) -- Canada will tighten regulations to force more disclosure by financial institutions and push for a nationwide securities regulator after record writedowns by the country's biggest banks, Finance Minister Jim Flaherty said. |
| New Regulator in Rescue Plan Spurs Debate Under the Fannie Mae and Freddie Mac rescue plan, some Congressional oversight of the lenders would shift to a new regulator. Some say the plan doesn?t go far enough. |
| Failing Wachovia absorbed by Citigroup Wachovia, like Washington Mutual Inc., which was seized by the federal government last week, was a big originator of option adjustable-rate mortgages, which offer very low introductory payments and let borrowers defer some interest. |
| Paulson Puts Treasury's Weight Behind Fannie, Freddie July 14 (Bloomberg) -- Treasury Secretary Henry Paulson put the weight of the federal government behind Fannie Mae and Freddie Mac , the beleaguered companies that buy or finance almost half of the $12 trillion of U.S. mortgages. |
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