Fannie Mae (FNMA)

[bcde]

"If you are going to use changes in budget to say no wind down would you not say it says no recap and release.? The NWS will continue? "

"Recap and release" is the HERA mandate. Why one wants to put that in the budget. Conservatorsip was supposed to be temporary. No law authorizes Conservator to put pressure on Congress to reform housing finance? No law authorizes Conservator to wait until Congress acts on housing finance reform.

The lawlessness and status quo of conservatorship is a great obummer legacy.