A new group, Investors Unite, urged Congress Wednesday to stop moving ahead with a bill to wind down Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC). The latest move signifies a frenzied push to influence the housing finance debate. Intensified campaign On Monday, another new tax-exempt group called Coalition for Mortgage Security said it would campaign for legislation that protects the rights of investors in the bailed-out mortgage-finance companies. Its director Ken Blackwell, a Republican politician who served as Ohio’s state treasurer and secretary of state, said the group didn’t…
Investors Unite Urges Congress To Nix Fannie Mae, Freddie Mac Closure
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports