Fannie Mae-No Politics (FNMA)

[GAK-]

You're right, Rumple. This is consistent with what Tim Howard said about all the reporting (https://tinyurl.com/yxz2qlyk). Glen has put an a lot of trust in these speculative reports. Tim Howard does not. I fall more on the Tim Howard side. I think what Gasparino is reporting is nothing more than some behind the scenes lobbying by bankers in light of the imminent PSPA amendment. It is essentially what Tim Howard said:

"I don’t read anything into it, other than that people who either want or don’t want a deal on the net worth sweep to be struck before the inauguration are working their press contacts to try to create pressure for their desired outcome"


I tend to think it was the same bankers (ABA and MBA) who sent a letter to Mnuchin (and probably Calabria) with their Christmas wish list for the GSE recap and release.

https://narfocus.com/billdatabase/clientfiles/172/3/4198.pdf