Fannie Mae-No Politics (FNMA)

[10bambam]

Seems like a double edged sword. If banks won't bite because of exposure to potential losses well ok Fnf are still the only game in town. But If fnf get released but they can not sue the loan originators then the big banks can make bad loans with impunity. fnf are on the hook for the bad loans. Another tar pit for fnf to fall into since it seems that the govt. can require fnf to take on even more riskier debt just like before but worse because fnf have no recourse under this scenario. It could all be pieced together by pres. admin, FHFA and Treasury to help banks and totally screw fnf