Fannie Mae-No Politics (FNMA)

[cooler_heads]

"These efforts are also consistent with the actions we are continuing to take to strengthen the financial position of Fannie Mae and Freddie Mac while they are in conservatorship, such as addressing guarantee fees, requiring the Enterprises to transfer significant credit risk to the private market, reducing their portfolio investments, and improving their servicing standards and loss mitigation options."

This statement tells me that Watt does not want to perpetuate conservatorship, but rather ensure that when they are released they will continue to remain profitable.