Lax oversight of Fannie Mae and Freddie Mac

By The Center for Public Integrity

Government-sponsored companies spent $170 million on lobbying over the past decade, and contributed $4.8 million to congressional campaigns

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Excerpts from this story referencing "Office of Federal Housing Enterprise Oversight":

"… Freddie and Fannie in 1992, while an independent office within HUD — the Office of Federal Housing Enterprise Oversight (OFHEO) — was tasked with maintaining their safety and soundness. Unlike …"