The share price of Fannie Mae and Freddie Mac common has taken a nosedive since the fall, dropping by almost 50 percent, while leaving speculators twisting in the wind and sitting on potentially hundreds of millions of dollars in losses. The reason for the slow but steady decline is hardly surprising: Reform of the government-sponsored enterprises by legislators appears to be a long shot at this point. Moreover, there’s increasing talk in Washington that an “administrative solution” to ...
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.