Administrative Recapitalization Of Fannie And Freddie May Start Soon

|
About: Federal National Mortgage Association (FNMA), FMCC, Includes: FMCCG, FMCCI, FMCCL, FMCCN, FMCCP, FMCCS, FMCCT, FMCKP, FNMFN, FNMFO
by: Glen Bradford
This article is exclusive for subscribers.
Glen Bradford
Value, growth at reasonable price, long-term horizon, portfolio strategy
Summary

Steven Mnuchin has repeatedly called for the privatization of Fannie and Freddie and said it is a priority. Craig Phillips said it is now at the top of Mnuchin's docket.

Carney wrote an article that attempts to discriminate against plans to recapitalize Fannie and Freddie just because they settle lawsuits.

Part of attracting private capital is being fair, and I think the next 45 days is going to be life changing for me.

The purpose of this article is to tell you how I see it and why I see it how I see it before I saw it.

Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are two companies commonly referred to as the Government Sponsored Enterprises, or GSEs. They are in conservatorship where the government has structured senior preferred