Fannie Mae-No Politics (FNMA)

[Louie_Louie]

I think the closer to midterms that we get, the better the stock price will get....Why? Because the current administrations clown army won't have the time to screw this up. I think the stock price decline can be directly correlated to the appointment and approval of the current FHFA head, and things she has done so far. They will have far fewer options also if we end up with a veto proof majority in Congress and Senate. This will be a good thing for us IMHO. Resolution via a flipped Congress is our best bet if we can push our cause to the fore front like Guido has been doing. Because there's going to be a laundry list of investigations, get evens, maybe impeachments after midterms if things flip.

All you need to do is look at all the litigation the current administration has come under or pushed, and you can see they have lost almost everything they have backed or fought. So logically where would there be confidence that they would be able to correctly resolve this fiasco? Also look at the current state of the economy, our stock market, the fed rate and mortgage rates....none of this builds confidence for a resolution for us by the current administration.