Fannie Mae, Freddie Mac Should Be Designated As SIFI
Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) are huge in size, huge in global systemic risk, close to zero in capital and hence should get SIFI status, believes Alex J. Pollock of American Banker.
According to Alex J. Pollock, considering their massive asset size and . . .
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