The US Senate Bankine Committee indefinitely delayed a vote to dismantle Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) amid disagreements between Democrats over the measure and a mounting campaign to keep the mortgage buyers alive. Fannie Mae, Freddie Mac: Television ad campaign kicks off campaign to keep status quo A television advertising campaign, notably blasted commercials on cable channels such as CNBC touting the fact that, despite the 2008 financial crash, the corporations that purchase mortgages from banks repaid all the money the government lent and then some…
Fannie Mae, Freddie Mac Senate Vote Delayed Amid Concerns
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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