ACC Archives

Tag: Fannie Mae
Big crony gamble: Hedge funds lobby hard for privatization of Fannie Mae

Generally speaking we are for things being private and as far from the hand of government as is feasible.  But right now some hedge funds are buying up preferred shares of Fannie Mae in hopes that the mortgage behemoths will be privatized. They are betting...

A Photo of the Fannie Mae Sign
Freddie, Fannie Party With Taxpayer $

Freddie Mac and Fannie Mae sent a total of 87 employees to party in Chicago at the Mortgage Bankers Association Conference. Freddie sponsored the event at the Platinum level with $80K in taxpayer money. Fannie was only a Gold sponsor spending...

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