Fannie Mae (FNMA)

[Release us]

This is the best news we've had in a while. Now is the time to be on board.

Someone let this news leak out. Could be a trial balloon.

Watt and Mnuchin have been talkin for months. I believe they have a plan now.

It will happen this year!

The Federal Housing Finance Agency and Treasury Department
have stepped up talks on how they can find an “administrative” solution
to the conservatorships of Fannie Mae and Freddie Mac,
industry sources told Inside Mortgage Finance late this week.

As for what direction these talks are headed in, that’s a different matter…

One lobbyist said the industry is concerned that Treasury might
do something to reduce secondary market liquidity, but also fears
that if the GSEs are eventually “let go” they might once again turn
into the industry’s “Pac-men,”

a reference to their pre-conservatorship days when they were known
to throw their weight around by encroaching on the business turf of
both lenders and third-party service providers, while using politicians
for protection…