Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Nice analysis, the mystery of WHY SM told Maria B. (Fox Biz news) at the very beginning of the DJT Administration, "Maria we need to get the gses out of Governmental control", has been solved. Craig and SM truly believed it, BUT it seems that when preparing the Annual Federal Budget thereafter, the POTUS staff decided that the nws should go to fund "red meat projects" that the POTUS promised his base! Makes total sense to me, what politician could NOT find a way to spend the "free money" generated by the gses for their pet projects?

Although SM deprived the current administration of this quarterly funding from the Nationalization of the gses, let's see if the SCOTUS will finally put an end to this abusive and coercive Governmental overreach into the back pockets of the shareholders.