Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Great points, thanks, what's somewhat refreshing is that MC AND ST have both stated that "conservatorship" was suppose to be temporary.

Did Mel Watt say the same thing, do you remember?

It seems clear from DeMarcos testimony in the Lamberth trial that his aim was to "let the US Congress replace or decide the future of the US Housing Finance Industry" and he believed it was more imminent than what actually happened (which is nothing).

I think all FHFA Directors and administrations have stated publicly that they want the US Congress to decide the future of the Secondary Mortgage Market in the US.

I think MC and the previous administration is the only one who told the US Congress that they will end the Conservatorships if Congress fails to act.

If the courts continue to find that the US Government has clean hands here, what would prevent all future FHFA Directors from kicking the can down the road and deferring actions on ending the Conservatorships to Congress?