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Fannie Mae, Freddie Mac Owners Call On Govt To Change Policy

Value Walk

Investors Unite held a press conference discussing Director Mel Watt’s power to end the conservatorship as he visits Atlanta to promote initiatives from the Federal Housing Finance Agency.

Individual investors in mortgage-giants Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) today implored Federal Housing Finance Agency Director Mel Watt to exercise his authority to end the illegal taking of investor dividends through a federal conservatorship that was slipped into law two years ago.

 

Read full article here: Fannie Mae, Freddie Mac Owners Call On Govt To Change Policy