GLOBAL - The lax regulatory environment was responsible for the failure of Fannie Mae and Freddie Mac, a senior figure for the regulator of the collapsed mortgage giants has claimed.
Speaking in London at the Centre for the Study of Financial Innovation, James Lockhart, director of the Federal Housing Finance Agency (FHFA) and chairman of the FHFA Oversight Board, said the uniq...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
