Fannie Mae-No Politics (FNMA)

[ezillionaire]

GREAT NEWS!!! "Sen. Jack Reed (D., R.I.) is said to be working on a separate bill that would create a similar framework but with one key difference: It would restructure—but not eliminate—Fannie and Freddie and use the refashioned companies, stripped of their federal charters and investment portfolios, to issue government-guaranteed securities." - Get involved and write to senator Reed to tell him that you support returning Fannie Mae and Freddie Mac to shareholders once taxpayers have been repaid. More oversight of loan origination, and the subprime market, which were exploited by large banks and caused the great recession, is the key to a strong housing market -- not creating a new agency and killing these vibrant businesses.
Contact Jack Reed http://www.reed.senate.gov/contact/

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