FNMFO - Administration's Reported Path Forward Great For Fannie And Freddie Shareholders
- Fox News' Charles Gasparino says look at Brookings paper by Mike Calhoun and Lou Ranieri for future of Fannie and Freddie.
- This paper advocates for a writedown of the senior preferred liquidation preference that currently is blocking forward progress towards raising third party capital at Fannie and Freddie.
- This paper begins to answer the question for what exactly to do with the tens of billions of dollars of government proceeds from an eventual equity offering of GSE stock.
For further details see:
Administration's Reported Path Forward Great For Fannie And Freddie Shareholders