Fannie Mae-No Politics (FNMA)

[cooler_heads]

The same Mel Watt who said he doesn't lay awake at nite worrying about investors?

"Investor confidence is critical if we are to have, as we do today, a well-functioning and highly liquid housing finance market that makes it possible for families to lock in interest rates, obtain 30-year, fixed-rate mortgages, and prepay a mortgage if they want torefinance or need to move,” Watt said. “If investor confidence in Enterprise securities went down and liquidity declined as a result, this could have real ramifications on the availability and cost of credit for borrowers.”