Fannie Mae-No Politics (FNMA)

[wil318466]

The difference now is time is actually running out. There simply isn't enough time for a viable alternative. The closer you get to that deadline the more of a chance you have to get a better outcome.

If it doesn't happen this time around I don't see what other options there are that aren't extremely detrimental. And let's face it - lawmakers get nervous whenever economics are involved because they don't truly understand it as well as they try to act like they do. The GSEs are a huge part of the economy and if they screw it up they know they will be blamed for it. They will follow "expert" opinion on this.