Housing finance company Freddie Mac plans to put $1 billion into mortgages and home-repair loans in areas damaged by Hurricane Katrina, an effort praised by critics of the company as Congress considers legislation to increase regulation of Freddie and its larger rival, Fannie Mae. -
Freddie Mac to Invest $1 Billion in Hurricane Zone
Housing finance company Freddie Mac plans to put $1 billion into mortgages and home-repair loans in areas damaged by Hurricane Katrina, an effort praised by critics of the company as Congress considers legislation to increase regulation of Freddie and its larger rival, Fannie Mae.-
By Annys Shin