Tuesday, May 02, 2017 4:11:22 PM
"As future quarters remove any question about whether the GSEs have paid taxpayers back and are operating profitably it will be harder to justify the deliberate plundering of their remaining capital reserves. This could be catalyst for Secretary Mnuchin to encourage FHFA Director Mel Watt to use his authority provided by HERA to end the Sweep."
Investors Unite is wrong. IU is biased, and is not a source of legitimate information. Are you going to quote ihub next? Im still asking for some reference where Watt, Congress, HERA, the President, Mnuchin, SOMEONE with legitimacy actually claims Watt can undo the NWS. I contend that no such document exists.
I think its funny that the quote you used has multiple wrong things about it...
"As future quarters remove any question about whether the GSEs have paid taxpayers back"
Future quarters wont even address this as the contract structure makes it clear that the debt hasn't even started to be paid back.
Investors Unite is wrong. IU is biased, and is not a source of legitimate information. Are you going to quote ihub next? Im still asking for some reference where Watt, Congress, HERA, the President, Mnuchin, SOMEONE with legitimacy actually claims Watt can undo the NWS. I contend that no such document exists.
I think its funny that the quote you used has multiple wrong things about it...
"As future quarters remove any question about whether the GSEs have paid taxpayers back"
Future quarters wont even address this as the contract structure makes it clear that the debt hasn't even started to be paid back.
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