Pimco Warns FHFA’s Fannie-Freddie Plan Threatens Housing Finance (You Ain’t Seen Nothing Yet!)
by confoundedinterest17 This may be one of the most ridiculous letters I have ever seen. Pimco warns FHFA’s Fannie-Freddie plan threatens housing finance. Bond investors want Congress to pass legislation providing explicit U.S. guarantee of the companies’ mortgage securities. (Bloomberg) — Pacific Investment Management Co., one of the world’s biggest bond investors, is warning that a regulator’s push … Read more