QUOTE AND NEWS
Financial Times  Aug 14  Comment 
Investors prepare for court battle with US government over stock dividend changes
Wall Street Journal  Aug 11  Comment 
The long-term trend of banks unloading mortgages has reversed, which should bolster earnings but could hurt Fannie Mae and Freddie Mac.
Clusterstock  Aug 10  Comment 
Activist investor Bill Ackman, the CEO of the $18 billion hedge fund Pershing Square Capital Management, threw shade at the Wall Street Journal during a conference call with investors on Monday. During the Q&A portion of the call, Ackman said...
MarketWatch  Aug 10  Comment 
Despite years of hand wringing on Capitol Hill over the need to protect taxpayers by reforming the U.S. housing market, it may take a financial hit to mortgage giants Fannie Mae and Freddie Mac to spur decisive congressional action.
Motley Fool  Aug 9  Comment 
Fannie Mae and Freddie Mac may be tempting stocks, but don't invest in them until you are comfortable with these two critical facts.
Yahoo  Aug 6  Comment 
Mortgage giant Fannie Mae reported net income of $4.6 billion from April through June, up from $3.7 billion a year earlier. Rising interest rates enabled Fannie to post gains on the investments it uses ...
SeekingAlpha  Aug 6  Comment 
Clusterstock  Jul 29  Comment 
The year 2008 was full of nasty surprises. One of the biggest was the government takeover of twin mortgage giants Federal National Mortgage Association (FNMA, or Fannie Mae) and Federal Housing Lending Mortgage Corporation (FHLMC, or Freddie...
Wall Street Journal  Jul 27  Comment 
Carlyle’s $5 billion hedge-fund firm, Claren Road Asset Management, faces the prospect of withdrawals after a consultant advised clients to pull their money following poor performance from bad bets on Greece and mortgage giants Fannie Mae and...
MarketWatch  Jul 23  Comment 
Mortgage-finance giant Fannie Mae turned up its 2015 forecast for U.S. home sales on Thursday, chiming in with other economists who see the market ramping up this year.




 

I suppose a priapicnl reduction program would be better than nothing, but there is always the risk of unintended consequences or even operational failure when attempting such a specific intervention. Why not let monetary policy do the work in a continuous, predictable, and agnostic fashion? It would deliver benefits not only to home owners, but also by reducing the real return on the many large cash-equivalent investments amassed by corporations like Apple ($60B last I checked), spurring them to put funds to more productive use. And of course, monetary policy can benefit from the Chuck Norris effect. Fiscal policy hasn't exactly inspired such reactions of late.

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