In the event the government were to get out of housing, it would seriously impact everything from tax benefits to Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC), making the prices of houses to fall to an unsubsidized market rate, notes Rafferty Capital Markets LLC’s Vice President Richard X. Bove.
In a report dated May 16, 2014 titled: “The Government Should Get Out of...
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations.He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications.His hobbies are tracking global financial developments and watching sports
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