- Buying low and selling high in the GSEs continues unabated as a long-awaited bipartisan Senate bill is introduced to continue government backing of mortgages, but wind down Fannie Mae (FNMA +4.5%) and Freddie Mac (FMCC +4.7%).
- The White House: “We support this effort and believe it is a workable bipartisan approach to complete the biggest remaining piece of post-recession financial reform.”
- A bill in the more conservative House would more or less cut the government out of housing finance. With elections months away, the chance of any sort of reform becoming law this year are probably slim.
From other sites
Federal National Mortgage Assctn Fnni Me : News Release - Fannie Mae Connecticut Avenue Securities ...at 4-traders.com (Mar 24, 2015)
Federal National Mortgage Assctn Fnni Me : News Release - A Soft Start to 2015, but Acceleration ...at 4-traders.com (Mar 23, 2015)
at 4-traders.com (Mar 23, 2015)
at Zacks.com (Feb 23, 2015)
at CNBC.com (Jan 26, 2015)
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