Saturday , 19 August 2017

Possible 5 More Years for GSE Profit Allocation Battle

By Brianna Gilpin

The Government has been trying to figure out where the profits from Fannie Mae and Freddie Mac will go for over four years now, but according to a prominent hedge fund manager, it could go on another five more. When investors bought into the GSEs during the 2008 housing crash, they were under the impression that the allocation of profit would be amongst the shareholders. When the company changed their terms in 2012, a legal battle ensued that could last a total of 10 years.

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Possible 5 More Years for GSE Profit Allocation Battle

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