Fannie Mae-No Politics (FNMA)

[Bodach]

I read the latest "unwind" article as simply taking Fannie and Freddie out of conservatorship. It hasn't been able to stand on it's own for years -- hence the talk of unwinding the companies and reforming them privately.

The game has changed. So has the dialogue in Washington.

Now, it's "unwind government control".

That is good news for shareholders if there is a light at the end of the tunnel regarding bailout payback.