Back to top

Real Time Insight


According to the FT, a preliminary bill to eventually eliminate Fannie and Freddie is up for a committee vote. Fannie and Freddie needed $188 billion from the U.S. government during the 2008 financial crisis. 
 
According to the FT, this Fannie and Freddie bill is one of the most sweeping measures in Congress, replacing the mortgage finance market with a new system. Because of the breadth of the changes, the measure has galvanized a diverse group; ranging from civil rights organizations to conservative think-tanks; which opposes the measure for differing reasons.
 
Supporters of the bill sponsored by Senate banking committee chairman Tim Johnson, a Democrat, and the top Republican on the committee, Mike Crapo, have been working overtime to ensure they have enough votes to pass it through the committee. But even if the bill manages to survive that phase, it faces significant challenges in moving to the full Senate, according to congressional aides.
 
The first test will come when the banking committee starts the process of making changes to the Johnson-Crapo bill on Tuesday, after which senate lawmakers will hold a vote on the measure.
 
My RTI question:  Will This Fannie and Freddie Bill Help the U.S. economy?

Zacks Releases Their 7 Best Stocks for August, 2014

These 7 were hand-picked from the list of 220 Zacks Rank #1 Strong Buys with earnings estimate revisions that are sweeping upward. Their stock prices are expected to rise sooner than the others.

Today, this Special Report is available to new Zacks.com visitors free of charge.

Close This Panel X

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
RPC INC RES 24.91 +8.35%
LITHIA MOTO… LAD 94.59 +4.60%
DELTA AIR L… DAL 39.15 +3.90%
FLAMEL TECH… FLML 14.51 +3.50%
SOUTHWEST A… LUV 28.87 +2.92%