Fannie, Freddie Takeover May Lead To Redemptions Spike

The government’s seizure of Fannie Mae and Freddie Mac could prompt investors to renege on capital commitments to distressed mortgage funds, according to securities traders and managers.

  • 09 Sep 2008

--Aaron Johnson

The government’s seizure of Fannie Mae and Freddie Mac could prompt investors to renege on capital commitments to distressed mortgage funds, according to securities traders and managers. The move will likely not, however, affect liquidity or the trading volume of mortgage-backed products, they said.

It is “a little ...

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4 Citi 5,606 15 8.15
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