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Thursday, May 14, 2020 1:45:25 PM
Don't think the GSEs will be bankrupted. If the GSEs will be released eventually, Fannie will be $20 IMO. And, WH has officially announced the intention to release them already. The only risk to me is Trump not re-elected, which will be clear in Oct. MC and Mnuchin seem to be trying every means to slow down the Recap and Release. IMO.
Biden's economic advisor of the past is not trying to get rid of frannie. They've mentioned that they couldn't come up with an alternative solution and will try to keep them around. Their main goal is to make the loans affordable and keeping frannie around will do just that...
I wouldn't be worried if trump is not re-elected.
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