Fannie Mae-No Politics (FNMA)

[contrarian bull]

Anyone else see Calabria's statement negative for us f&f shareholders?

When he says "we must not let this opportunity for reform pass" it seems he wants reform to happen before any recapitalization and ultimate release for the GSE's. Once they are recapped and released, the opportunity to reform them will have passed.

I was really hoping he would take actions THIS year and not wait for congress to maybe, possibly pass some sort of reform in the next few years.


================================================
“I enter this office with a sense of urgency. The foundations of our mortgage finance system remain vulnerable, and we must not let this opportunity for reform pass," said Dr. Calabria.