Fannie Mae, Freddie Mac Senate Vote Delayed Amid Concerns

The US Senate Bankine Committee indefinitely delayed a vote to dismantle Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) amid disagreements between Democrats over the measure and a mounting campaign to keep the mortgage buyers alive.

Fannie Mae, Freddie Mac: Television ad campaign kicks off campaign to keep status quo

A television advertising campaign, notably blasted commercials on cable channels such as CNBC touting the fact that, despite the 2008 financial crash, the corporations that purchase mortgages from banks repaid all the money the government lent...