Fannie Mae-No Politics (FNMA)

[EternalPatience]

For the first time

I am in appreciation of something that MC has done. Think of safety and soundness of the gse B4 bailing out the banks and servicers. I donno whether there is a hidden truth behind this or whether he is truly supporting the gse. Time will tell

I see this taking the turn of asking treasury to give the gse the overpaid balance as one way to twist their arm and give the money back or spspa cancellation (if you want us to support the later below me, namely the primary market). I love it..

All this assuming there is a real power struggle between mc and sm and mc is on our side

Time will tell..