Changes are in the works for Fannie, Freddie interest-rate swaps

04/6/2010 | Wall Street Journal, The

The Federal Housing Finance Agency, which has oversight of Fannie Mae and Freddie Mac, expects the government-owned mortgage companies to start using a clearinghouse for interest-rate swaps, sources said. The move could reduce revenue at Wall Street firms while generating business for companies that run exchanges. The possible changes have prompted bank executives, Fannie and Freddie officials, exchange leaders and other industry insiders to scramble to protect their interests.

View Full Article in:

Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Manager, Technical Staffing
U.S. Cellular
Chicago, IL
Human Resource Director
Salt Lake City, UT
Vice-President of Global Sales
Lindsay Corporation
Hartland, WI
Chief Operations Officer
Delta Community Supports
Blue Bell, PA
Administrative Management Specialist
Smithsonian Institute
Washington, DC