Fannie Mae-No Politics (FNMA)

[Donotunderstand]

please provide link to where BO said we needed a wind down

I suggest that may have seemed the correct read from what he said

but my memory was and is the BO talked to a PRIVATE competitive system and not liking the OLIGOPOLY prior

POTUS actions on NWS are horrible

But the position of our so called Kenyan Socialist POTUS was he wants a private model solution - the GOV out of the risk business if possible - and no more oligopoly

By inference he viewed F and F --- AS STRUCTURED AS GSEs - as GOV but to my knowledge he never ruled out their staying with new money and no GSE charger - or coming back as a player but the player that had some GOV obligations - GOV help - but was restricted to being a highly regulated private utility

(My sense - without reading Rosner's 75 page is Rosner to could see F and F as a big player - but as privately held regulated utility with some obligation to help working middle class and some "extra help from the GOV === to the added cost of doing so)