Fannie Mae-No Politics (FNMA)

[navycmdr]

Bruce Berkowitz To Spend Imaginary Fannie, Freddie Winnings
Saving Hopeless Retailer

.......
And speaking of Waterloos, Bruce is feeling pretty confident about winning his other one, too, although nobody else is.

Mr. Berkowitz says one part of his comeback—big bets on government-backed mortgage financing giants—could pay off in the next six months.

Treasury officials have said they want to reform Fannie Mae and Freddie Mac, which could include moving them out of government control. Such a move could put an end to litigation over their future and deliver a windfall to investors. For now, however, the future of the two entities and what that will mean for investors is unclear.

http://dealbreaker.com/2017/06/bruce-berkowitz-to-spend-imaginary-fannie-freddie-winnings-saving-hopeless-retailer/