The US should tread cautiously as it seeks to overhaul Fannie Mae and Freddie Mac, Tim Geithner, Treasury secretary, said on Tuesday, citing the need to maintain low mortgages rates in a tough housing market.

By James Politi and Suzanne Kapner in Washington

Published: August 17 2010 14:54 | Last updated: August 17 2010 18:23

Source: Financial Times

http://www.ft.com/cms/s/0/949b9afa-aa04-11df-8eb1-00144feabdc0.html?ftcamp=rss