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Saturday, September 20, 2014 3:42:21 PM
We already know John Carney has a big "negative bias" on fannie mae, so his opinion on this is more of the same.
Remember, to a hammer "EVERYTHING" is a nail, so John Carney's negative take on this is, as expected, with his negative biased.
Instead, of this being a blow, John Carney is blowing smoke..this is merely a substutition in the DISTRICT court. If you read the decision, it explains how it would be absurd for FHA to sue Fannie mae or vice versa, as these are currently acting as one.
This is nothing new and priced in.
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