Fannie Mae-No Politics (FNMA)

[bcde]

"Calabria had Absolutely NOTHING to do with LOANS"

Calabria also knows nothing about FnF insurance business model.

Calabria keeps on comparing FnF with banks and wants to regulate FnF like banks. Calabria's does not seem to understand that Banks have their own regulators and those regulators do not have any direct regulatory authority over FnF. Since 2008, bank regulators are regulating FnF through proxy FHFA, because FHFA failed to act independently as mandated by HERA.

There is not a single common business feature between and Banks and FnF. But Calabria continues with his loose talk to denigrate and harm regulatees and conservatees (FnF) just like previous FHFA directors.

Calabria knows absolutely nothing about MBS secularization Business. That is why Calabria likes only bank business model.