Investment Portfolios Are Target of Effort To Overhaul Fannie Mae, Freddie Mac.

Reports on the plans of lawmakers in the U.S. to limit the size of the investment portfolios of the Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corp. (Freddie Mac) and other Federal Home Loan Banks as of April 2005. Estimated amount of the combined portfolios of Fannie Mae and Freddie Mac; Reason for the interest of lawmakers to regulate the investment portfolios of home mortgage firms; Bill introduced by Representative Richard H. Baker (R-La.) for government-sponsored enterprises.