Fannie Mae-No Politics (FNMA)

[bcde]

rek,

Here are the some comments from jtimothyhoward.

These comments supports the analysis about why Mel Watt is insisting on legislative reform and why Mel Watt does not want administrative reform. Obviously Mel Watt is in the pockets of WS Banks like his friend Bo and works for the benefit of WS Banks. After his term Mel Watt will join one of these banks or work as lobbyists for these banks.

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https://howardonmortgagefinance.com/2017/09/27/risk-transfer-and-reform/comment-page-1/#comment-4530

The more it becomes clear to the general public that the legislative “reforms” the banks are pushing for with respect to Fannie and Freddie are their self-serving answer to a made-up and lied-about problem, the better the chances become for administrative reform that preserves and strengthens the companies.