Paulson, Blackstone Said to Back Plan to Free Fannie-Freddie

Bloomberg Markets, June 1, 2017–Light, Joe; Basak, Sonali
Paulson & Co. and Blackstone Group LP are among investors backing a proposal that Fannie Mae and Freddie Mac be recapitalized and released from U.S. control without legislation. MBA President David Stevens said his group doesn’t believe Moelis’s proposal would sufficiently reform the market.