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The Senate voted this week to suspend massive pay raises the CEOs of Fannie Mae and Freddie Mac received in July. The Senate voted this week to suspend massive pay raises the CEOs of Fannie Mae.

Housing Wire – "House will vote this week on measure to limit CEO pay at Fannie, Freddie" (10-26-15) "A congressional push to limit the salaries for the CEOs of Fannie Mae and Freddie Mac moves closer this week when the House version of a bill that already passed the Senate unanimously goes to the House floor for a vote."

Meanwhile, the House adopted by voice vote a bill which will cap the executive compensation of the CEO of Fannie Mae and Freddie Mac at $600K in light of a push by Federal Housing Finance Administration to increase pay to $4 million and align it with private sector arrangements.

Step one: Republicans begin fight for Dodd-Frank replacement On June 6, 2016, House Financial Services Committee Chairman Jeb Hensarling (R-TX) unveiled his plan to repeal most of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. His legislation, entitled the Financial CHOICE (Creating Hope and Opportunity for Investors, Consumers, and Entrepreneurs) Act, is a significant, positive step toward repealing Dodd-Frank and restoring.Business booming at American Homes 4 Rent, but. View American Homes 4 Rent AMH investment & stock information. Get the latest American Homes 4 rent amh detailed stock quotes, stock data, Real-Time ECN, charts, stats and more.

Freddie/Fannie overhaul measure passes Senate FANNIE/FREDDIE REVAMP: House gets bill to let borrowers renegotiate loans, avoid foreclosure. the vote count was low because many senators had.

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Rep. Barney Frank, D-Mass., the House Financial Services Committee chairman, said a new regulator for Fannie Mae and Freddie Mac should have the power to approve executive compensation.

And in a real pinch, S&P notes, Treasury really wanted to it could sell Fannie Mae and Freddie. the House in effect has already done so — it’s not clear yet when exactly lawmakers will act.

House Panel Votes To Cancel Fannie, Freddie CEO Pay Raise.. framework limits the ability of the boards of directors at Fannie Mae and Freddie Mac to promote retention of their CEOs, to develop.

NAFCU Vice President of Legislative Affairs Brad Thaler sent a letter to House Speaker John Boehner and Minority Leader Nancy Pelosi urging them to support and pass the measure. Members of the U.S.

Congress this week slashed the annual pay of the chief executive officers of mortgage giants Fannie Mae and Freddie Mac from $4 million to $600,000 in a bill it sent to President Barack Obama.

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A coalition of 17 conservative and free-market public policy groups sent a letter to the ranking members of the House. in Fannie Mae and Freddie Mac. The Third Amendment changed the 10% cash.