QUOTE AND NEWS
Yahoo  3 hrs ago  Comment 
The U.S. housing industry has waited three months to find out how Mel Watt will govern taxpayer-owned mortgage companies Fannie Mae and Freddie Mac, and have been frustrated by his silence.
SeekingAlpha  Apr 11  Comment 
By David Sims: On Wednesday, Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) shareholders joined Tim Pagliara in a meeting with staffers from Bob Corker and Mark Warner's office. The staffers were tight-lipped and danced around the issues...
DailyFinance  Apr 10  Comment 
LIVERMORE, CA--(Marketwired - April 10, 2014) - Dr. Jay Davis, President of the Fannie and John Hertz Foundation today announced the names of 15 men and women chosen as 2014 Hertz Fellows. This year, eight women and seven men will receive the...
TheStreet.com  Apr 9  Comment 
NEW YORK (TheStreet) -- Shares of Fannie Mae  and Freddie Mac are higher today after a coalition of investors in both companies began a move to stop Congress from going forward with a U.S. housing finance reform bill, saying it would deny...
Reuters  Apr 9  Comment 
A coalition of investors in Fannie Mae and Freddie Mac on Wednesday launched an effort to stop Congress from moving ahead with a U.S. housing finance reform bill, arguing it would deny them a fair share in any remaining value in the two companies.
TheStreet.com  Apr 9  Comment 
NEW YORK (TheStreet) -- Bipartisan housing reform legislation proposed by Sens. Tim Johnson (D, SD) and Mike Crapo (R., ID) "could open the door wide for runaway corporate exploitation," argues consumer advocate and sometime third party...
TheStreet.com  Apr 9  Comment 
NEW YORK (TheStreet) -- Fannie Mae has an encouraging report on the housing market. In it, Fannie Mae says 38% of American homeowners call this a "good time" to sell a home, compared with just 26% at the same time last year. Buyers are more...
SeekingAlpha  Apr 9  Comment 
By David Sims: On April 8th, a contingent of Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) shareholders descended on Washington DC. They followed the call of Tim Pagliara, Chairman & CEO of CapWealth Advisors, and Ralph Nader, a well-known...
Yahoo  Apr 8  Comment 
Investors in Fannie Mae and Freddie Mac appear to be building a more sophisticated lobbying apparatus in Washington weeks ahead of a key Senate vote on a bill that would replace the companies. A new tax-exempt group calling itself the Coalition...




 

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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