Why the outcome of the election may not matter for Fannie Mae

Some have argued that if President Donald Trump loses the election, Fannie Mae and Freddie Mac will be left in conservatorship instead of recapitalized and released. However, Tim Pagliara of CapWealth Advisors has argued that even if Joe Biden wins the election, he believes the government-sponsored enterprises will still be released.Q2 2020 hedge fund letters, conferences and moreNow it seems analyst Dick Bove of Odeon Capital agrees with him, although he disagreed before. He said in a recent report that regardless of election’s results, the winner needs the housing market to be strong, and th…

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HEDGE accordingly