Fannie Mae-No Politics (FNMA)

[TRCPA]

I think you hit on a key point. I think the WH "plan" was to release the GSE's, but to do it THEIR way, irrespective of the plaintiffs and the courts.

So what we wind up with is this muddling/lurching pandemic--like "plan", with a bunch of starts and stops as legal roadblocks get thrown in along the way.

With a normal WH, settlement would have already taken place. I think that is the lens through which ACG and Rosner are looking through this. But this is no normal administration.....despite their stated efforts toward release from conservatorship.....they only know a strategy of court fighting while they can. To that end, I dont see a settlement in the works before the election.

I think this gets fought out and won or lost in the courts......and the highest court.