Fannie Mae-No Politics (FNMA)

[GAK-]

Quote:

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The answer lies in Calabria's testimony before the House Financial Services Committee when he told Congresswoman Maloney that any release of FnF from conservatorship in calendar 2020 would be inconceivable.

Judge Sweeney putting a stay on ALL appeal briefs might have been the icing on the cake.

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I totally agree with this. While I believe that Calabria's statements don't necessarily conflict with a speedy capital plan in line with the election (and using consent decrees), I believe they were interpreted by the average, and largely uninformed, observer as meaning that he will not be able to protect these entities from a Biden administration.