Fannie and Freddie Overstaying Their Welcome?
Tim Rood, chairman of The Collingwood Group, predicts that the legislation to change Fannie Mae and Freddie Mac won't be going through any time soon, partly due to the fact that 6% of the federal government's 2013 income came from these associations. Rood said, "I can't see anyone being really anxious to change that." [9/16/14]