Median pay for nearly 2,000 senior managers at government-controlled Fannie Mae and Freddie Mac exceeded $200,000 last year, according to a new government report released Monday.

The Federal Housing Finance Agency, which oversees the two troubled mortgage giants, also did an inadequate job monitoring pay, according to the survey from the inspector general for the FHFA.

Comments: Be the first to add a comment

add a comment | go to forum thread