| The U.S. Treasury Department said on Thursday it remains vigilant on the ongoing weakness of the U.S. housing market and will continue to boost its efforts to support recovery in the sector while winding down support of Fannie Mae and Freddie Mac.
"We recognize the necessary balance that exists between moving swiftly to reduce government's footprint in the market and ensuring that any actions do not disrupt the still fragile housing market," said Mary Miller, assistant secretary for financial markets at Treasury...............................................Full Article: Source |