Fannie Mae-No Politics (FNMA)

[bcde]

"The Parrot, Ryan and Zandi paper won’t be the last to make the point that Calabria’s decision to impose a bank capital standard on Fannie and Freddie is without justification and contrary to the readily observable risks of the one business they’re permitted to do, and if insisted upon will have easily predictable negative consequences for mortgage rates, mortgage availability and systemic financial risk."

With FnF's ongoing risk diversifications the Financial Establishment has the skin in the game.