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Re: None

Saturday, 12/24/2016 3:51:19 PM

Saturday, December 24, 2016 3:51:19 PM

Post# of 796300
The Congressional Budget Office insists FnF are Federal entities that belong on the government's books. The White House Office of Management & Budget has insisted they are private enterprises that belong off the balance sheet and off the government's books. This divide is likely to give way to a consensus in 2017. The solution is likely to ensure a full privatization of Fannie & Freddie takes place before the interim spending appropriation bill runs out March 31, 2017. Otherwise, the tax cut proposed will never gain traction with so large a variable left hanging. Mulvaney will never let this ride like Obama's OMB did.

This is part of my confidence on both release and that warrants will not be exercised. Warrants "could" be sold, but only with Congressional approval which seems highly unlikely, courtesy of Senator Corker's amendment to the 2015 spending bill from last December.

JMHO.