The Public Securities Association yesterday presented its 1993 Distinguished Public Service awards to Sen. Christopher J. Dodd, D-Conn., the Federal Home Loan Mortgage Corp., and the Federal National Mortgage Association.
The awards were presented at the PSA's annual awards dinner at the Pierre Hotel in New York City.
The PSA Distinguished Public Service Award is given annually to individuals and institutions that have had a significant impact on the public securities business at the federal, state, and local levels.
Sen. Dodd, chairman of the securities subcommittee of the Senate Banking Committee, has played a major role in helping federal, state, and local governments make the most efficient use of the public securities markets, the PSA said in a press release.
Fannie Mae and Freddie Mac were honored for their work over the last two decades in making home ownership more available and less costly to millions of Americans.