bp, stop-loss: 90 bp (3 Sep 2015) Long $100mn 6m5y ATMF UK vs $100.75mn US rates straddles, net take-in: $126K, target: +450K, stop: -$225K Sell 3y Fannie Mae debt vs Treasuries, entry: 6bp, stop: 2bp, target: 20bp Closed at 11bp - Long 12m Treasury bills vs OIS, entry: 1bp, target: -10bp, stop: 7bp FX:

Died July 13 of a drug overdose. Herbert Allison Jr., 69. He was the former president of Merrill Lynch & Co., chairman and CEO of TIAA-CREF, CEO of Fannie Mae and led the U.S. government’s bank bailout program. Died July 14. Neal McCabe, 60. He was a Boston-born former global co-head of a Lehman Brothers

One-Time Payments Charges Entitlement Spending Fannie Mae/ (-$41 B Net Loss*) Note: *denotes F2010 net inco

holding companies for Goldman Sachs and Morgan Stanley, as the Fed recommended. Finally, a post-crisis system for housing finance—i.e., the future of Fannie Mae and Freddie Mac —still loomsas the biggest area left unaddressed by the 2010 financial reforms, but a bipartisan effort to establish a new system dra

ignore GSE overhaul for next 16 months.” - Meanwhile, the housing market is moving on a number of fronts (we’ve seen this horror movie before): v¥ Fannie Mae launched their “HomeReady Mortgage” program: You can (again) use the income from non-borrower household members. v¥ Freddie and Fannie are working o