Monday, April 17, 2017 7:09:50 PM
Anyone else giving their 2 cents here?....
https://www.whitehouse.gov/reorganizing-the-executive-branch#page
Here's my input on the FHFA:
This agency has illegally nationalized Fannie Mae and Freddie Mac which has stolen countless billions of dollars from taxpayers. There is talk of eliminating these organizations. These organizations are the reason the middle class can buy a home - the 30yr mortgage. The GSEs have stopped the boom/bust mortgage cycle since their creation with the exception of the 2000's when mortgage banking rules became the wild west and the GSEs were used to save the worldwide economy by being forced to but 100's of billions of dollars in bad mortgages in order to stop the financial institutions from imploding. The GSEs need to be allowed to keep their income and allowed to be released from Conservatorship. I can't believe this was allowed to happen in the USA - maybe in Venezuela or Russia, but not here. This group needs to be reworked so this sort of nationalization can never happen again.
Any other ways to reform the Government:
Actually put people in jail for stealing and cheating the government. Senator Bob Corker would be a good place to start for his dealings with the GSEs.
https://www.whitehouse.gov/reorganizing-the-executive-branch#page
Here's my input on the FHFA:
This agency has illegally nationalized Fannie Mae and Freddie Mac which has stolen countless billions of dollars from taxpayers. There is talk of eliminating these organizations. These organizations are the reason the middle class can buy a home - the 30yr mortgage. The GSEs have stopped the boom/bust mortgage cycle since their creation with the exception of the 2000's when mortgage banking rules became the wild west and the GSEs were used to save the worldwide economy by being forced to but 100's of billions of dollars in bad mortgages in order to stop the financial institutions from imploding. The GSEs need to be allowed to keep their income and allowed to be released from Conservatorship. I can't believe this was allowed to happen in the USA - maybe in Venezuela or Russia, but not here. This group needs to be reworked so this sort of nationalization can never happen again.
Any other ways to reform the Government:
Actually put people in jail for stealing and cheating the government. Senator Bob Corker would be a good place to start for his dealings with the GSEs.
Recent FNMA News
- Fannie Mae Reports Net Income of $3.7 Billion for First Quarter 2026 • PR Newswire (US) • 04/29/2026 11:24:00 AM
- Fannie Mae Releases March 2026 Monthly Summary • PR Newswire (US) • 04/28/2026 12:30:00 PM
- Fannie Mae Plans to Report First Quarter 2026 Financial Results on April 29, 2026 • PR Newswire (US) • 04/27/2026 12:00:00 PM
- Fannie Mae Announces Credit Score Model Updates to Advance Credit Score Modernization • PR Newswire (US) • 04/22/2026 05:02:00 PM
- Fannie Mae Releases February 2026 Monthly Summary • PR Newswire (US) • 03/26/2026 08:05:00 PM
- Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes • PR Newswire (US) • 03/02/2026 02:00:00 PM
- Fannie Mae Releases January 2026 Monthly Summary • PR Newswire (US) • 02/26/2026 09:05:00 PM
- Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes • PR Newswire (US) • 02/23/2026 02:00:00 PM
