Sen. Wayne Allard, chairman of the Subcommittee on Housing and Transportation, has announced a oversight hearing to be held at 9:30 a.m. Tuesday, May 8, focusing on the mission of the Office of Federal Housing Enterprise Oversight and the financial safety and soundness of Fannie Mae and Freddie Mac.

WHAT:

Subcommittee on Housing and Transportation
Mission of the Office of Federal Housing Enterprise Oversight
and the Financial Safety and Soundness of Fannie Mae and Freddie Mac.

WHEN:

9:30 a.m. Tuesday, May 8, 2001

WHERE:

Room 538, Dirksen Senate Building

WHO:

The Honorable Armando Falcon Jr.
Director, Office of Federal Housing Enterprise Oversight

Mr. Franklin D. Raines
Chairman and CEO, Fannie Mae

Mr. Leland C. Brendsel
Chairman and CEO, Freddie Mac