Fannie Mae, Freddie Mac Reform To Be Center Of Shelby Bill Fight: Bove
ValueWalk - May 26, 2015 - May 27, 2015
By Richard Bove
The biggest fight around this legislation will be focused on Fannie Mae and Freddie Mac. The Bill clearly sets these two companies on a path to destruction. It sets the stage for the re-introduction of the failed Corker/Warner legislation at some future point.
The remainder of this commentary will briefly highlight the key parts of the legislation.
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