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Friday, December 25, 2020 10:26:42 PM
15:55 London/ 10,55 new York/ 23:55 Tokyo
Taking the gses back to private hands in two months is the tallest of tall orders.
The difficulties in pulling the fannie mae and Freddie mac out of conservatorship and into the private hands before the new administration assumes the reins of office are almost impossible, say sources in the agency mbs market.
There are a large number of moving parts to such a process, and to tick every box in less than two months, with Thanksgiving, Christmas, new year holidays and covid 19 thrown into the mix , would be extremely difficult, they agree
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