Fannie Mae-No Politics (FNMA)

[big-yank]

Freddie's profits couldn't have paid for very much of the ACA. They lost money in 2 of the last 4 quarters and could be fixin' to lose even more in about 2 weeks. I personally think that is why Edwards/PWC is moving towards a settlement. Bad numbers will only tend to corroborate that their audit role reflected the realities of tenuous FMCC results. Maybe that's why Deloitte lingers on? I can only guess on this.

What do you think of the mandamus stuff? I still thought a stay during Sammons appeal, for however long it survives, would come first.

JMHO.