Corker Says Fannie & Freddie Income Must Be Used to Repay Taxpayers, Reform Housing Finance

CHATTANOOGA, Tenn. – March 4, 2013 – (RealEstateRama) — In response to reports of increased income at mortgage finance agencies Fannie Mae and Freddie Mac, U.S. Senator Bob Corker, R-Tenn., member of the Senate Banking, Housing, and Urban Affairs committee, today said these profits must be used to repay taxpayers and reform our housing finance system after years of government dominance.