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Here’s what a GOP Senate means for Fannie and Freddie

HousingWire, By Trey Garrison

Shelby’s rise may, however, be a boon for shareholders of Fannie Mae and Freddie Mac. He’s a big advocate of privatization, and even if a PATH Act of sorts is blocked in the full Senate (or if it passes and gets a White House veto), shareholders have a friend in Shelby.

If some sort of middle-ground, far short of full reform measure does arise in this new Republican Congress, it will favor shareholders.

Read the full article here: Here’s what a GOP Senate means for Fannie and Freddie