Fannie Mae-No Politics (FNMA)

[whipstick]

https://medium.com/@Dan_Immergluck/test-teste-test-65621d12319c#.kngkm4fn4

Note that this guy is a shill for the TBTF banks based on the referenced article in the above. oh and also the source - Carney RTed this guy https://twitter.com/NickTimiraos


Also this

In February, the Obama administration laid out three broad policy options for the long-term restructuring of the GSEs: 1) full privatization of secondary mortgage markets; 2) privatization with an "emergency" federal guarantee that would kick in only in crisis situations; and 3) a system of insuring mortgage-backed securities through a number of federally chartered, private mortgage-bond insurance firms, or "private mortgage guarantors." These firms would put private capital at risk before a federal reinsurance backstop would kick in. In option 3, Wall Street sees yet another new profit center, with government protecting against losses.

Which Jtimmothyhoward has done a good job of debunking as a plausible theory in 'far less than meets the eye' on howardonmortgagefinance.com


Here I go again, spending my valuable time hoping that some mod doesn't delete this on a whim with no explanation