Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

We'll see, but I think the FHFA's past will be a huge caveat emptor for future buyers of Capital in a 1st Loss Position and like David Maxwell told me in 1990, "Political Risk is the Number One risk facing Fannie Mae".

TH said it the other day.

But for the FHFA we would have been out of the conservatorships years ago and receiving a decent return on our investments like all the other financial intermediaries that received a government bailout.