Fannie Mae-No Politics (FNMA)

[bcde]

"Treasury reform plan details

Is there any clear statement that states that it will be laid out b4 end of June? Or is it our optimistic hope, when they said that the plan will be out in summer (late summer was what I thought? ) "

UST plan will be same as the one from MBA lobbyists. These will be main main points.

1. Provide Explicit Gov guarantees for all MBS issued by anyone just like FDIC insurance for depositors. (If not charge FnF for mystical Gov implicit guarantees to bankrupt them.)

2. Create more level playing field for Banks. Curtail FnF Business in every possible way. Bring FnF under SIFI and make FnF hold as much capital as banks.

3. Abolish Gov affordable housing policies and go back to wild west world of loan sharks.

4. Continue conservatorship and NWS until FnF are fully capitalized like Banks.

5. Recap FnF while under conservatorship and with NWS going on because investors love to buy trillions of FnF shares at one billionth of a penny. Then go far one trilllion to 1 reverse split. Any way not a crazy idea for wall street traders.

5. Until these ideas are implemented, every thing should remain same as in the last 11 years.