Wednesday 26 June 2019

Investors jittery amid Fannie and Freddie backstop uncertainty

Investors are nervous amid a government plan to overhaul Fannie Mae and Freddie Mac and end the decades-long government conservatorship after the government took control of the firms in the wake of the financial crisis. Some investors worry that elimination of the government guarantee will dissuade financial firms from buying and drive up costs for homebuyers. Securities traded by the two mortgage behemoths are falling behind those sold by Ginnie Mae, the Wall Street Journal […]



source https://therealdeal.com/national/2019/06/26/investors-jittery-amid-fannie-and-freddie-backstop-uncertainty/#new_tab

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