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Re: trunkmonk post# 41396

Saturday, 08/05/2017 6:10:09 PM

Saturday, August 05, 2017 6:10:09 PM

Post# of 45214
Just playing the devil's advocate about how FMCC got here, it's something that is never said, what if something had gone really wrong. Think up any scenario where the housing market and real estate takes another big hit and the taxpayers are screaming cause Treasury is dumping billions into Fannie and Freddy. Some worst case scenario... pick one.
Seems the govm. got lucky calling the housing boom scenario properly. Not sure if they don't have a right to do that, but... but, if things had gone differently in the housing market, for whatever unforeseen reason, event, or situation, the story would be quite different.
But as my sister hates me to say, it is what it is. Trillions of dollars worth of homes right now have a lot value, and it's not going anywhere.
Having said that, does anything think that Freddy has a better chance at coming out of this semi intact as a rental property type investment entity versus Fannie being the homeowners?
Whatever they do, I'm hoping they do it while things are going well, and the shareholders have every right to expect that they won't get wiped out.
What I would like to see is some people do the right thing cause it's the right thing to do, and not because of a court order.