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June 5, 2014

Short Takes: Clayton Hiring? / ECB Cuts Rates, Which Means U.S. Rates May Fall / MGIC Keeps Getting Stronger / National MI Ramps Up

By Paul Muolo

Is Fannie Mae’s stock a screaming buy as Pershing Square hedge fund chief Bill Ackman recently suggested?

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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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