Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Wow! So Demarco continues to maintain his belief that the NWS preserves and conserves the GSES assets by "maintaining the value of the Fannie Mae and Freddie Mac MBS" which they have in their portfolio.

It's like D is really reaching to somehow justify the transferring of all the GSES profits into perpetuity as somehow helping and preserving and conserving the assets of the GSES by keeping the US Treasury Commitment fixed.

Just very bizarre this whole GSE drama!