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Re: RickNagra post# 685656

Thursday, 06/24/2021 6:46:48 PM

Thursday, June 24, 2021 6:46:48 PM

Post# of 796289
If the Feds, the MBA, NAR, NAHB, and Americans ever want private capital in a 1st loss position and a vibrant set of gses to better and more effectively function as a secondary mortgage market buyer (and not as a financially hobbled arm of the government) then, option C seems like the best path forward. I think for a long time the MBA, NAR, and NAHB, enjoyed the Nationalization as a better approach, but now they seemed to have shifted to getting the gses out of government control, especially given last March 2020. They could flip their position again given the SCOTUS blessing of the Nationalization and if they get their preffered FHFA Director in charge.