Fannie Mae-No Politics (FNMA)

[bcde]

Once feds starts unwinding FnF MBS, it will be interesting to see how much private investors believe in mafia conservatorship/NWS and $250B mafia credit to guarantee $6T MBS.

It would have been prudent to resolve all disputes with FnF private investors before starting on feds unwinding of MBS.

Banks stopped trusting each other when unexpectedly FHFA forced conservatorship on FnF triggering 2008 meltdown. With fake conservatorship, bureaucrats from previous administration have shaken the trusts of private capital markets.

Congress needs to reform Judiciary to prevent any future abuses of private shareholders and rights of private citizens. The best reform would be to remove independent status of all agencies (including FHFA and Feds) and make them directly accountable to POTUS.