Sen. Warner Statement on Fannie & Freddie CEO Pay Raises

U.S. Sen. Mark R. Warner (D-VA), a member of the Senate Banking Committee and Ranking Member of the Banking subcommittee overseeing the secondary mortgage market, released a statement after mortgage finance companies Freddie Mac and Fannie Mae disclosed today that their CEOs will each receive a raise of $3.4 million – bringing their total annual compensation to $4 million, up from $600,000 each of the last two years


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