Fannie Mae-No Politics (FNMA)

[Potty]

Yank, I agree that the momo just got zapped and that we sit (or slowly fade) till news -- and a market correction will take the FnF securities along for the ride to some degree

But I don't blame Maloni and Howard. Anyone who can read Calabria's rule sees that we just injected another risk -- that either investors will say "No Bueno" or ask for punitive prices

Hopefully Calabria will be brushed back. I cannot remember whether alterations to the rule require further comments, or can Calabria make alterations and then issue the rule? More time and then we are sitting before Maxine Waters while she peels the flesh off the RnR...