The chief safety and soundness regulator for Fannie Mae and Freddie Mac seized the opportunity at a congressional hearing last week to reiterate her request for a budget increase.

Aida Alvarez, director of the Office of Federal Housing Enterprise Oversight, said the agency needs an additional $857,000 to hire seasoned financial analysts and examiners. Its budget for the current fiscal year, which ends Sept. 30, is $15 million.

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