Good readings on GSE

Here are some good readings on GSE,

  • CEI advocates to eliminate GSE, but voices on protection of sharholders’ right
Property Rights of Fannie and Freddie Shareholders—Including Small Investors—Must Be Respected – cei.org

Fannie Mae and Freddie Mac Still Endanger U.S. Economy – cei.org

  • Richard Bove’s take on Trump admin’s plan on GSE is very interesting.
    • Washington is becoming more hostile to homeowners, with plans to reduce the mortgage deduction and eliminate Fannie Mae and Freddie Mac.
    • The plans run in stark contrast to U.S. policy for the past 200 years to boost home ownership.
    • These moves would be good for banks, but could cause home prices to fall 20 percent.
  • Does this admin really want to hurt US economy for the benefit of big bank?

About Timeless Investor

My name is Samual Lau. I am a long-term value investor and a zealous disciple of Ben Graham. And I am a MBA graduated in May 2010 from Carnegie Mellon University. My concentrations are Finance, Strategy and Marketing.
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