Wednesday, October 07, 2015 12:09:50 AM
Top notch financial reporter from World Class Financial
publication is quick to point out"Why Nothing Much Will Change For
Fannie and Freddie Anytime Soon".
A bill Mr. Corker sponsored with Sen. Mark Warner, D-Va, called for the wind-down of Fannie and Freddie. He reiterated that stance Tuesday. “What I cannot fathom is our nation going back to having two behemoths.” Mr. Corker said.
Any attempt to “release” them from conservatorship and end their ability to draw from Treasury backstops when and if needed would risk throwing global capital markets into chaos and crashing the housing market.
Sorry looks like party is over before it got started. Low 2's
by Friday.
http://blogs.wsj.com/moneybeat/2015/10/06/why-nothing-much-will-change-for-fannie-and-freddie-anytime-soon/?mod=yahoo_hs
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