Fannie Mae-No Politics (FNMA)

[TheMotivatedTrader]

Good question posed during Q & A on Freddie Mac call:

Clea Benson - Bloomberg News: https://twitter.com/cleabenson

Asked:

"Being that you folks are making so many improvements both to the company and to the housing finance system, should Congress think twice before enacting legislation that would wind you down?"

Response from CEO Donald Layton - http://www.freddiemac.com/bios/exec/layton.html:

"Clea, as you know, conservatorship, all matters of policy like that as Sherod announced earlier on, are clearly a providence of our conservator, the FHFA. So we are not going to predict what Congress should or should not do."

Starts around 16:00 of the conference call:

http://www.visualwebcaster.com/event.asp?id=100821