Fannie Mae (FNMA)

[big-yank]

If the government does not backstop the GSEs or the 30 year mortgage market without which FnF are claimed to have no rationale to exist, then why was this PR issued?

http://ih.advfn.com/p.php?pid=nmona&article=69474511

The headline clearly states: FEDERALLY BACKED MORTGAGES.

The $187 bailout "payback" is NOT the end of the line for what government is entitled to for conserving the GSEs.

Amendment 3 is fully reasonable based on future risk to taxpayers. Just look at Freddie's Q3.

The conservatorships were fully reasonable based on risks to the U.S. economy and concern that foreign influence was trying to use the GSEs as the vehicle by which to destroy the U.S. economy.

JMHO.