PIMCO Joins Chorus Against Fannie Mae, Freddie Mac Wind-Down Plan – ValueWalk Premium
Fannie Mae Common Securitization Platform Fannie Mae Mortgage Insurance

PIMCO Joins Chorus Against Fannie Mae, Freddie Mac Wind-Down Plan

PIMCO’s new CEO Douglas Hodge points out that the Johnson-Crapo bill lacks protection for investors who play a critical role in financing the mortgage market.

The legislation proposed by Johnson and Crapo is widely seen as President Obama’s favorite plan to reform the U.S. housing market.
Johnson-Crapo bill

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