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Re: Guido2 post# 612577

Monday, 06/01/2020 10:06:44 AM

Monday, June 01, 2020 10:06:44 AM

Post# of 796433
Right, the plan means FnF can get out under a consent decree and then the TBTF lobby loses it political hold on FnF

I don't think future FHFA's directors will increase capital held, I can see pretty good reasons why lobbying would result in lowering capital levels with new FHFA director

The TBTF lobby has a lot of political clout, but all that ceases to be effective when FnF stop being a plaything of congress and administration -- so of course they HATE anything that furthers RnR

The main thing is getting out under a consent decree and then out from the conservatorship