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Fannie Mae Has A Little Good News For A Change

6 February 2006
Author: Mortgage News Daily - Mortgage and Real Estate New Posted under mortgages

Finally Fannie Mae has some good news to announce - a gift from NYSE, a portfolio increase, and Greenspan off of its back.

When we last looked at Fannie Mae it seemed mired in a swamp of its own making
- in danger of being delisted from the New York Stock Exchange
and with congress, Alan Greenspan, and its regulator, the Office of Federal
Housing Enterprise Oversight (OFHEO) all threatening corrective, maybe even
punitive regulations to reign in Fannie’s activities.

All of these arose in part or whole from the discovery in late 2004 that Fannie
had been using some ques… Read More Now

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