Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Some major problems with the status quo are:

1. Government rarely changes and/or acts unless confronted with an emergency or court order.

2. Unsympathetic to our cause to rectify the biggest Nationalization in US history, after all we are simply viewed as opportunistic hedge fund vultures, picking the scrapes after our equally dispised mortgage bankster friends brought the world economy to its needs in 08/09, wiping out millions of Americans life savings.

3. Uncle Sugar enjoys having 100% control over the gses' WITH ZERO LIABILITY ON THEIR FEDERAL BALANCE SHEET for subsidizing American homeowners and offering them something the rest of the world doesn't have, A 30 YR FRM PREPAYABLE AT ANY TIME WITH NO PENALTIES!

4. Legislators who don't have a clue.

5. What American has ever told you, "I'm passionate about mortgage banking!". 99% of Americans probably prefer nationalization so long as their 30 PREPAYABLE frm remains cheap and their corporate profits end up in the federal fisc.

6. Federal Courts bend over backwards for Uncle Suggy, thinking the King can do no wrong!

I'm sure you can add quite a few to that list!

This could take some time...