Thanks to GOP Tax Bill, Fannie and Freddie Will Take $15.3 Billion in DTA Writedowns
January 4, 2018
Fannie Mae and Freddie Mac will bolster their 2018 earnings by a combined $3 billion thanks to GOP tax reform legislation signed into law by President Trump in late December, according to calcula-tions from Keefe, Bruyette & Woods.
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.