Bove Declares Victory On Fannie Mae, Freddie Mac
There’s no question that Federal Housing Finance Agency (FHFA) director Mel Watt’s recent speech at the Brookings Institute was a departure from previous policy on Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC), but at this point the magnitude of the change is still open to interpretation (and to influence from Treasury and the White House). But if you . . .
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