Fannie Mae (FNMA)

[Mikey Mike]

Obsession is not a long term strategy...however, lack of action by Congress is empowering Mel Watt to make a decision on GSE reform on building capital for the GSE's is looking quite attractive I must say...is it a strategy?...by all means, no...but it is making quite a stir to take action to end conservatorship and end NWS...once a payment is withheld, does that not end a contract that stipulates all profits must be swept to Treasury? It's a breach of contract at that point...sort of like ending the contract by default...unless Treasury would like to sue FHFA for it's action(s)...