Annaly Capital Management, the largest REIT buying mortgage debt, predicts that the reelection of President Obama means increased “policy meddling” in the mortgage market, Bloomberg News reported. In a conference call yesterday, Annaly CEO Wellington Denahan-Norris said she expects more aggressive housing policies and new efforts to fuel refinancing among borrowers with government-backed loans. For those who invest in the $5.2 trillion market for government-backed mortgage securities, Obama’s victory means a slew of possible changes [more]![]()
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