Fannie Mae-No Politics (FNMA)

[Donotunderstand]

Red

It has been that way for over a year now

Mnuchin sayin we expect the payments

Watt saying we need to keep a buffer


Those who like Trump have beat up on WATT for not taking on Mnuchin and Trump ----

There is no other person for Trumpites to blame - even as reality is visible and unfolds in front of our eyes

When it was the BO administration -- all blame from this IH blog was aimed at BO..... over and over and some at LEW .... little to none at the grunt Watt

Since cognitive dissonance between how they voted and what TRUMP and MNUCHIN ---- so far ----- have done --- precludes putting blame were blame belongs ---- all blame by longs who voted for Trump has recently been at WATT

indeed WATT may be wimpy but he knows what is right - has said it for a year - and is waiting for any signal of receptivity from POTUS and his cabinet to ACT ... and now appears to be arguing our case to an unfriendly audience but maybe getting a deal good but not great for us

indeed

the article that says there may be a swapp --- FHFA keeps 6-78B but swaps away some future profits (fewer loans of size) - is the best news we have had in a YEAR and more

Even though (for reasons that escape me !) the Administration wants to cut off our arm or poke us in the face ----THE ADMINISTRATION APPARENTLY IS WILLING TO ENTERTAIN THE LOGIC THAT A BUFFER IS NEEDED TO AVOID CRISIS AS ARGUED BY OUR CHAMPION - MEL (WHO ALSO POSITIONED F AND F TO SAY WE HAVE FIXED OUR PAST AND NOW ARE GREAT COMPANIES THAT ARE CLEAN AND SIMPLE TO UNDERSTAND) MAY BE GETTING THROUGH THE WHITE HOUSE TEAM

TIME TO ROOT HIM ON in his lonely quest