Forbes  Nov 5  Comment 
'We're not looking to maximize profit for investors,' says Fannie Mae's Mayopoulos, but that hasn't prevented rampant speculation in the GSEs common shares.
Yahoo  Nov 5  Comment 
Mortgage giant Fannie Mae reported net income of $2 billion for the July-September period, down from $3.9 billion a year earlier. The government-controlled company attributed the third-quarter decline ...
newratings.com  Nov 5  Comment 
WASHINGTON (dpa-AFX) - Mortgage guarantor Fannie Mae (FNMA.OB) reported that its net loss attributable to common stockholders for the third-quarter 2015 widened to $242 million or $0.04 per share from last year's $94 million or $0.02 per...
Wall Street Journal  Nov 5  Comment 
Fannie Mae said profit was halved in the third quarter, as declines in long-term interest rates hurt the value of the mortgage-finance company’s derivatives.
SeekingAlpha  Nov 5  Comment 
MarketWatch  Nov 3  Comment 
The director of the Federal Housing Finance Agency on Tuesday raised the possibility that Fannie Mae and Freddie Mac may need to get taxpayer assistance, after Freddie Mac reported its first quarterly loss in four years.


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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