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Friday, January 06, 2017 9:13:45 AM
There is a huge end run in progress to prevent risk sharing and maintain the original monopoly enjoyed by the GSEs. And, at the same time, keep up the war on the so-called TBTF banks. I think the motives of The Fellow Travelers only bubble below the surface of public and Congressional purview, reposing in the dim and murky realms of the blogosphere and Twitter that are only known to the cognoscenti.
Will your Fannie be stolen for a second time?
Be careful who you trust. Not all is as it seems.
Disclosure: I am long FNMA, FMCC and FNMAS. I have no short position in any stock. My holdings in combined GSE equities represent about 20% of my net worth.
JMHO.
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