OTCPK:FNMADiversified Financial
White House Mortgage Push Puts Fannie Mae’s Risk Reward Profile In Focus
The White House directed Fannie Mae and Freddie Mac to inject a combined $200 billion into the mortgage backed securities market.
The move is aimed at lowering borrowing costs for homebuyers and refinancing activity.
The directive represents a significant expansion of government support for mortgage liquidity.
For Federal National Mortgage Association, or Fannie Mae (OTCPK:FNMA), this directive puts the company at the center of a larger policy push to influence mortgage rates and lending...