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January 24, 2014

4Q GSE Earnings May Get Boost From Loss Reserves, Will Fannie Pull Even?

By Paul Muolo

Most of what Fannie and Freddie earn in the fourth quarter will go directly into the coffers of the U.S. Treasury Department.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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