Fannie Mae Should Be Recognized As A Mortgage Utility: Federal Financial Analytics

When Judge Royce Lamberth sent Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) shareholders a major setback last week, many of them responded by pointing out the other legal options still available (appeals, and a host of other cases that don’t rely on the Administrative Procedures Act). But they also returned to one of the core arguments for investing in Fannie Mae and Freddie Mac in the first place: the GSEs are essential to maintaining the type of housing market that Americans are used to with...