Fannie Mae Common Securitization Platform Fannie Mae Mortgage Insurance

Nader Now Weighs In On Fannie Mae, Freddie Mac

Ralph Nader, known for successful consumer advocacy and an equally unsuccessful presidential bid, is making a habit of advocating for his own portfolio. This time it’s an open letter to new Federal Housing Finance Authority chief Mel Watts, advocating that Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC)’s profits be reinvested in the two government sponsored enterprises (GSE) or distributed to common shareholders – which happen to include Ralph Nader.

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