Fannie Mae-No Politics (FNMA)

[contrarian bull]

With the NWS anything that reduced f&f profits - as long as it didn't take them negative - would make fiscal sense. The lower their profits the less they have to pay Treasury. Makes sense to try to get profits down to zero from the GSE's point of view.

I took that exchange as the conservator could cancel affordable housing goals if it didn't make fiscal sense for the companies, which it wouldn't under conservatorship. The fix is RnR and turn FHFA into just the regulator then it cant per charters