Fannie Mae-No Politics (FNMA)

[stevelwr1]

The intent of this new bill is not good. Instead of reforming FnF which is all they need to do, they will be leaving FnF as a shell of its old self, if they leave anything at all.They will be in a different business than today. The good parts of FnF will be passed off-effectively a wind down. Read the interview with one of the authors to be.


We're not commenting on any of the investors' claims - because that will play out on its own path, that is, if we let Fannie and Freddie stick around," Delaney said. "They're going to be in a completely different business, fundamentally. If Fannie and Freddie are worth anything, after all is said and done, that's fine - then it will get distributed the way it will get distributed."