Fannie Mae-No Politics (FNMA)

[Release us]

I agree. I believe Watt and Mnuchin are on the same page. They want to fix F&F and do so with as little disruption as possible.

You know they've both got to be shacking their heads over the radical "Draft 29".

During Watt's testimony in last years hearing he told the committee to look at all the reforms that have already been made.

Some always ask "What's the hold up, he's had a year why hasn't he fixed it?" .... But we know, if the administration were to go it alone without congress having had it's last crack at it. They would be screaming to high heaven and try to introduce legislation to block them.

The clock is ticking... I believe if they show any signs of failure, you'll see FHFA along with Treasury ready to step in and fix it administratively.