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Hedge Fund Giant Weighs In On Fannie Mae, Freddie Mac.. Again

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Mark Melin
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From the point they took a significant ownership position in Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC), snatching up more than 150 million common and preferred shares, Fairholme Capital Management has been excessively vocal in talking up their position to encourage the US government to loosen up the reins.

Hedge Fund Giant Weighs In On Fannie Mae, Freddie Mac.. Again
Source: Flickr

Opaque process

“It sounds like the administration has been having some private conversations with members of Congress, but we have yet to understand where...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.