The chairman of the Federal Deposit Insurance Corp. offered modest support Friday for a controversial plan to make Fannie Mae and Freddie Mac shoulder part of the expense of the savings and loan bailout.

The comments by Ricki Helfer could add weight to a renewed effort by House Banking Committee Chairman Jim Leach to take on the politically powerful mortgage agencies. The agencies immediately blasted the comments.

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.