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Volume 7 - Number 17 | August 20, 2008
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First Regulatory Priority for GSEs: Capital

The single most pressing issue before the new regulator of Fannie Mae and Freddie Mac is to ensure the GSEs have enough capital to survive a market that is increasingly trying to sink them, according to a number of analysts and observers. Investors drove Fannie and Freddie stock prices toward untenable levels early this week as speculation grew that the U.S. government will have to use its new...

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