Fannie Mae (FNMA)

[FOFreddie]

I do not believe that Secretary McNuchin will sell out his values based on a meeting with Chairwoman Waters. If you ever saw Congressional testimony before Waters I think you would agree. I could see him reaching out to Toomey as previous head of the Senate Banking Committee and Water as Chair of the House Financial Services Committee but I dont think it will be the flip flop described. Probably a nuanced set up for Director Calabria to follow through on the current plan toward privatization. I will say that I was wrong tomorrow if this article turns out to be right. I dont see any rational basis to believe it.