Fannie Mae privatization: One analyst thinks this needs to happen

In recent weeks, former Freddie Mac CEO Don Layton wrote two monographs about Fannie Mae and Freddie Mac privatization and GSE reform. Analyst Dick Bove of Odeon Capital read those monographs and set out what he thinks must happen to provide the best possible results for investors.Q3 2020 hedge fund letters, conferences and moreFirst steps toward Fannie Mae, Freddie Mac privatizationAccording to Bove, one of the first things that must be done is to have the senior preferred shares be declared fully paid in both principle and interest. If this doesn’t happen, he says there is no next step. Addi…

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HEDGE accordingly