Fannie Mae-No Politics (FNMA)

[rekcusdo]

Please reference your statement. It seems, as you posted it "Watt has made statements suggesting he might be amenable to allowing the companies to retain more capital.", that you are posting a statement made about a statement Watt made. This, of course, is meaningless.

Watt's actual quote about the capital buffers was "I have been clear that conservatorship is not a desirable end state and that Congress needs to tackle the important work of housing finance reform. However, because of the intricacies of our housing finance system and the extremely high stakes for the housing finance market and for the economy as a whole if reform is not done right, I continue to hope that Congress can engage in the work of thoughtful housing finance reform before we reach a crisis of investor confidence or a crisis of any other kind. While it’s not my place to meddle in political discussions, I’m also not hearing much discussion of housing finance reform in any of the presidential campaigns."
(https://www.fhfa.gov/Media/PublicAffairs/Pages/Prepared-Remarks-Melvin-Watt-at-BPC.aspx)

He clearly is supporting reform and is against release until such reform is tackled.