Fannie Mae-No Politics (FNMA)

[Louie_Louie]

you got that right! Those in JPS need to smell the coffee. Each quarter that goes by with NO CONVERSION gives them thinner and thinner ice to make their argument. The capital raise banshee cry used to be 200 billion and everyone realizes that was unrealisric THEN, and is un-needed NOW....look where we are! Look at the profitability!

The government will absolutely not release until they have confidence (sound and solvent condition) in GSE's to be financially self sufficient, even though the banks keep screwing the housing market pooch about every 6-8 years or so. Government/treasury are way too affraid of bank runs, hence slap on the wrist for them, yet FnF is being built to a fortress of solitude capital level, wink, wink, just in case the government clown pose needs to cover for their banker buddies again, because hey! That's where all their campaign contributions come from now, lmao. Look no further than the constant migration of X-bankers to treasury and X-treasury people to banks. Doesn't take genius IQ to figure out what is going on.

Ignoring political ramifications is detrimental to your investment in this.

Ironic and unbelievable they bring up FnF's previous congressional lobbiests sometimes! The GSE's did and have done far, far less damage lobbying, to the housing market, than the banker cartel has done via numerous historical financial crisis's.