Fannie Mae-No Politics (FNMA)

[reyprimero]

Something to watch under Trump could be what happens to Fannie Mae and Freddie Mac. Reform efforts have stalled the past several years. But hedge-fund billionaire John Paulson, who is part of the president-elect’s economic policy team, could push for action. Paulson bought shares of Fannie and Freddie in the hope of cashing in when they regained their independence. Since being placed under government control, the mortgage-backers have sent nearly all their profits to the U.S. Treasury, not investors.

“Paulson cares passionately about this, given his positions,” Goodman said.

https://www.washingtonpost.com/news/where-we-live/wp/2016/11/10/what-effect-the-trump-administration-will-have-on-the-housing-market/