Fannie Mae CEO: 'We Will Be Profitable For Years To Come'

May 15, 2013 at 11:09 AM
DailyBail in ceo interview, fannie mae, fannie mae, fannie mae bailout

TAXPAYER PROFIT

Bloomberg Interviews Fannie Mae CEO Tim Mayopoulos

Timothy J. Mayopoulos, CEO of Fannie Mae, talks about the company's turnaround and outlook, the likelihood U.S. taxpayers may profit from their bailout of Fannie and the need for clarity from Congress about the future of the housing finance.

"There is a risk that policy makers will look at our profitability and conclude that they don't need to take action to reform the housing finance system. That would be a mistake."

 

Details here:

Fannie Mae To Pay Treasury $59 Billion After Record Profit

 

 

 

Article originally appeared on The Daily Bail (http://dailybail.com/).