Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Legislative Branch seems asleep at the wheel as well.

I guess a couple of positive things:

(1) The idea of replacing the GSES has since 2012, morphed into TINA. Although the current director says she's waiting for Congress to decide the future of the GSES.

(2). At least the FHFA's current and past director said, "We're preparing for the exit" instead of ignoring the idea.

(3). The NAR, MBA, and NHBA seem to believe that exit is good for them as the GSES will be less prone to 'yuge' swings in policy from administration to administration.

(4). The win in Lamberth has some potential to be pivotal in some type of resolution.

(5). The GSES continue to maintain high Secondary Mortgage Market Share.

(6). A realization that after May 2020, the GSES are necessary and serve the American People well by keeping the Secondary Mortgage Market running on all cylinders.