More on the Fannie/Freddie revamp: One consequence of the new arrangement will be the prevention...

|About: Fannie Mae (FNMA)|By:, SA News Editor

More on the Fannie/Freddie revamp: One consequence of the new arrangement will be the prevention of the companies' building of capital that would allow them to emerge in pre-crisis form someday. The move seems likely to fry those investors who bought preferred shares in the companies hoping for distribution of profits beyond the 10% government dividend.