Fannie Mae, Freddie Mac Reform Unlikely To Pass This Year

While the Crapo-Johnson proposal for Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) reform has more bipartisan support and a better chance of getting out of committee than any previous proposals, analysts continue weighing in on how unlikely we are to see anything happen before next January.

“As Congress prepares for mid-term elections, we believe meaningful Fannie Mae and Freddie Mac reform legislation will make little progress this year,” write Raymond James analysts Buck Horne and Paul D. Puryear in an April...