Fannie Mae-No Politics (FNMA)

[navycmdr]

BOOM ! ... Verified Fact FHFA will END Conservatorship

with White House - mkt doesn't need to worry about it ANY LONGER !!!

***********************************************************************************************

FHFA head offers olive branch to Congress on privatizing Fannie Mae, Freddie Mac

Published: Jan 30, 2019 5:11 p.m. ET By ANDREA RIQUIER

https://www.marketwatch.com/story/fhfa-head-offers-olive-branch-to-congress-on-privatizing-fannie-mae-freddie-mac-2019-01-30

In a letter obtained by MarketWatch, the acting director of the FHFA
on Wednesday wrote to senior Democrats on the Senate Banking
Committee, offering to work together on efforts to release Fannie Mae
and Freddie Mac from government conservatorship.

Joseph Otting told House Financial Services Committee Chairwoman
Maxine Waters and ranking Senate Banking Committee member
Sherrod Brown that he "would welcome your insight and perspective"
as overhaul efforts begin. That step follows reporting by MarketWatch
that showed Otting intended to work directly with the Treasury Dept
to release the two mortgage companies, with no participation from
Congress.

The White House also has said they will work with Capitol Hill to take
the mortgage giants out of conservatorship.