Fannie Watchdog Willing to Wipe Out Shareholders If Needed

Fannie Watchdog Willing If Needed to Wipe Shareholders 3(Bloomberg) — Fannie Mae and Freddie Mac’s regulator said he would be willing take steps that could wipe out shareholders of the mortgage giants if situation called for it. “I work for the taxpayers,” Federal Housing Finance Agency Director Mark Calabria said Tuesday at a House Financial Services Committee hearing on the Trump…
News story published on 2019-10-22T16:50:00.0000000Z