Fannie Mae (FNMA)

[Robert from yahoo bd]

The whole reason Freddie Mac was established by the US Congress in 1972 was to prevent Fannie Mae from having a monopoly.

SLT and every past FHFA Director that I can think of has said that the future of the GSES is up to the US Congress.

They tried in 2012 to 2016, but they couldn't reach a consensus. Likely because there is no viable alternative to the GSES or the risk of messing up the US housing market and American Families biggest asset on their balance sheet is too great.

Here's a crazy idea, follow HERA and release the GSES administratively.