Volume 2014 - Number 2
January 16, 2014
Senators Comments on GSE Shareholder Efforts Ignite Market Frenzy, Issue Not Going Away, Say Experts
Expect Fannie Mae and Freddie Mac shareholders to continue to clamor for attention and satisfaction this year whether or not the Obama administration and lawmakers confront claims that the government-sponsored enterprises should share their profits with investors, say industry observers. Late last week, Sen. Bob Corker, R-VA, sought to walk back comments he made regarding GSE shareholder rights while speaking at a policy forum in Washington, DC. Corker said that he and other lawmakers drafting an enhanced GSE reform bill in the Senate recognize that shareholder claims have to be dealt with. Following news of Corkers remark, GSE preferred shares posted...
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