Fannie Mae-No Politics (FNMA)

[timster]

Great article! Shame the title makes it sound negative. My favorite part echoes what has been said here many times:

Can the government have its cake and eat it too, getting away with owning 80 percent of Fannie and Freddie but claiming 100 percent of the profits? We certainly hope not. If the government were able to get away with this, why would any private capital come back to the mortgage market to fund future investment?

They won't!!!