Fannie Mae-No Politics (FNMA)

[mrfence]

ACG analytics laughed at the question of receivership then answered saying they don't see it. In fact, they said that would be the worst policy decision possible for Government and the taxpayor because they would end up guaranteeing 5 trillion in assets without the Government plumbing to service those loans.

The USA mortgage market and it's economy based on housing cannot function without Fannie and Freddie. This is why they've not been wound down during the12 year conservatorship nor has Congress found anyway to fix what was never broken.