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Re: navycmdr post# 528540

Thursday, 05/23/2019 3:07:37 PM

Thursday, May 23, 2019 3:07:37 PM

Post# of 866843


It may be preferable to stagger that process due to
the complexities involved in getting the government-backed
firms, which have different business models, ready for

private ownership, said Mark Calabria, director of the FHFA,
which oversees Fannie Mae, Freddie Mac and the
U.S. housing finance system.

“I’m open to seeing what makes sense...that kind of sequencing
hasn’t been decided, but obviously if you tried to engineer them
both at the same time, you’re depending on more things going
right at the same time,” he said.

“One may be ready before the other, it just depends.”


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