Fannie And Freddie Are Close To Exiting Conservatorship: Bove

The burning question where Fannie Mae and Freddie Mac are concerned is when they will be exiting conservatorship. They’ve been under the purview of the government for more than 10 years, and investors have gotten restless. Several hedge fund managers have invested in Fannie Mae’s and/ or Freddie Mac’s preferred shares because they are convinced that the end of conservatorship is on the horizon, but could it still be some time off?

Q2 hedge fund letters, conference, scoops etc