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Fannie Mae, Freddie Mac Reform After The Mid-Terms

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    Investors Unite
    Keymaster

    ValueWalk, By Michael Ide

    The Republican mid-term victory doesn’t bring us any closer to legislative GSE reform, but FHFA will carry on.

    Now that Republicans control both houses of Congress we’re likely in for another two years of gridlock as the President and Congress block each other’s agenda, and while the political dynamics are different than on most issues, Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) reform is likely to remain stalled as well.

    Read the full article: Fannie Mae, Freddie Mac Reform After The Mid-Terms

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