Fannie Mae-No Politics (FNMA)

[Donotunderstand]

I can understand the position that the rep for private investors in mortgages and MBS or PLS took

I bet that the hedge fund managers have been talking with people like that on what a new F and F might look like

That dude might want Fannie dead. At same time - he easily might be interested in a strong private F and F owned by us to take on lot of the load next to his investors

Reality is that F and F had lower borrowing costs due to the implied GOV guarantee and most likely any future F and F will have to address that historical aberration one way or the other
(explicit guarantee and a private utility model with regulation or no guarantee at all and slightly less profit)