Here’s where Fannie Mae’s capital rule will be finalized at (not 4 percent)

Since the Federal Housing Finance Agency proposed the capital rule for Fannie Mae and Freddie Mac at 4%, the housing finance market has been in an uproar. Numerous experts have come forward and said that it’s too high.Q2 2020 hedge fund letters, conferences and moreThe government-sponsored enterprises themselves even publicly disagreed with it, making the first time they have ever opposed what the FHFA has said. While some believe the FHFA will push through the rule at the proposed 4%, one long-time preferred shareholder believes Fannie Mae’s and Freddie Mac’s capital rule won’t be finalized a…

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HEDGE accordingly