Tag Archives: FNMA

Links to recent discovered GSE documents

Here are some relevant links to recent discovered GSE documents

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David Stevens’s argument on MBA reform plan – does not make much sense to me

Here is latest David Stevens’s argument on MBA reform plan. I do not think it makes much sense to me.

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Newly unsealed documents reveal real reason for Fannie, Freddie profit sweep – from HW

Newly unsealed Newly-Unsealed-Mortgage-Documents reveal real reason for Fannie, Freddie profit sweep – from Housingwire. In addition, Dick Bove blasted about the givernment’s “crime” on stealing all profit from FNMA/FMCC. – This will becomes more and more known by public, government … Continue reading

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U.S. Foresaw Better Return in Seizing Fannie and Freddie Profits – from NYT

when this news becomes more and more public due to the discovery, government may have no other choice but to settle with the investors, may allow FNMA/FMCC to recapitalize?

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CMLA wants Preservation and recapitalization of GSE – from housingwire

Another big advocate of Preservation and recapitalization of GSE. It seems like more and more pressure is now on the agenda of GSE reform. Quite positive for the stock of FNMA and FMCC.

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FNMA and FMCC Would Be Privatized Under Proposed House Budget

House Republicans want to privatize Fannie Mae and Freddie Mac as part of their 2018 budget proposal. Here is the attachment of the plan Building-a-Better-America-PDF-1.

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Great web sites on FNMA

Here are some great web sites on FNMA

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To split Fannie-Freddie, no wind down as they said before?

It sounds like senators Corker and Warner are now considering splitting Fannie-Freddie, not winding them down any more. Is it a good sign?

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Treasury Secretary Steven Mnuchin on C-SPAN

Domestic and International Fiscal Policy Update Treasury Secretary Steven Mnuchin provided members of the Senate Banking, Housing and Urban Affairs Committee with an update on Trump administration. domestic and international fiscal policies.

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FNMA preferred stocks in FAIRX

There are multiple FNMA preferred stocks in FAIRX, I need to study what are the other preferred stocks and understand whether I also need to buy other preferred stocks or not

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