Fannie Mae-No Politics (FNMA)

[YanksGhost]

The context in which Mnuchin said "end of September" was not so simple. He also said "if" he and FHFA could negotiate the manner by which the taxpayers get paid (my paraphrasing). This sounds like typical Mnuchin double-speak for hinting that this is not going to be some simple, easy "just stop the NWS and keep all your earnings" type arrangement.

I could be wrong and, recently, did have to eat crow for predicting a more generous plan than was revealed last Thursday. But I wouldn't suddenly turn bullish until something certain is confirmed.