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Washington
Inside Washington (01/25/2011)
* WASHINGTON (1/26/11)--The Obama administration has for the third time delayed the release of its proposed reforms for government-sponsored enterprises, including Fannie Mae and Freddie Mac. The administration said it will not make its Jan. 31 deadline for presenting the proposal to Congress and is now aiming for a mid-February release (American Banker Jan. 25). William Longbrake, an executive-in-residence at the University of Maryland, said the delay in releasing the report may be an indication of debate within the administration about whether to propose a specific plan or to summarize options. Many Republicans are in favor of abolishing Fannie and Freddie rather than maintain any government guarantee …


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