WASHINGTON — Markets reacted positively to Freddie Mac’s and Fannie Mae’s pledge Thursday to enhance their disclosure and capital risk management practices.

The commitments were part of a voluntary agreement with Rep. Richard H. Baker, R-La., who as chairman of House Banking’s capital markets subcommittee led a vigorous effort this year to pass legislation that would meet those goals and stiffen federal regulation of the two government-sponsored enterprises.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.