Fannie Mae-No Politics (FNMA)

[bcde]

"One year from now we will be out of conservatorship and sitting at $12. Any complaints ? That’s what I thought.":

It should be happening much sooner.

UST and FHFA have no valid business as well as legal reasons to continue with Conservatorship.

If FnF are supposed to build capital and also raise fresh capital, then FnF need to be out of conservatorship as soon as possible. Conservatorship should have been terminated once the decision was made to end conservatorship and there are no valid reasons to continue conservatorship.

Taking a decision to end conservatorship and then continuing with conservatorship with no valid reasons is a big risk to tax payers. Tax payers should de risked as soon as possible.