The Federal Housing Finance Agency, which oversees Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC), releases a new plan to unwind the GSEs and help strengthen the private mortgage market. One possibility: Each could hire an outside investment firm to manage their portfolios, but a BlackRock or Pimco would charge hefty fees that could exceed any savings from laying off staff.
The Federal Housing Finance Agency, which oversees Fannie Mae (OTCQB:FNMA) and Freddie Mac...
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| Symbol | Last Price | % Chg |
|---|---|---|
| FNMA | - | - |
| Federal National Mortgage Association | ||