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.
--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 ...Already a subscriber? Login