No Golden Parachutes For Fannie, Freddie CEOs

The Federal Housing Finance Agency announced Sunday that the former CEOs of Fannie Mae and Freddie Mac will not walk away with golden parachutes. The agency that regulates — and now manages — the two mortgage giants said it will not allow the former executives to walk away with multimillion-dollar severance packages. It didn't say what ex-CEOs Daniel Mudd and Richard Syron will take home, if they receive anything at all.

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