Michael Barr, assistant Treasury secretary for financial institutions, and Edward DeMarco, acting director of the Federal Housing Finance Agency, will testify before the House Financial Services Subcommittee Wednesday regarding the future of Fannie Mae and Freddie Mac.

Panel chairman Paul Kanjorski said they will "examine the primary causes of the financial losses for Fannie Mae and Freddie Mac, as well as the progress made during the last two years in stabilizing our mortgage markets and ensuring the continued availability of reasonably priced loans."

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