Sunday, June 23, 2019 7:45:45 AM
HappyAlways,
Thanks for your validation. Yes, WH/FHFA need declare that SPS obligations have fully satisfied and SPS liquidation value is zero. In addition Gov needs to return all the excess dividends that have been. NWS need to stop immediately. Warrants needs to be written off at current UST valuation.
FnF are Gov's own public policy institutions, fully regulated and controlled by Gov. Gov can not treat FnF as profiteering wall street rogue companies. FnF are the essence of US economy and housing economy. Without FnF there will be no vibrant housing economy and most people can not afford homes.
Hope WH and FHFA realizes this soon and ends 10 years of lawless conservatorship.
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