Fannie Mae-No Politics (FNMA)

[rogerz0309]

http://blogs.wsj.com/developments/2013/05/02/qa-what-watt-would-do-as-fannie-maes-regulator/



"Mr. Watt: I don’t think I can answer that question…Obviously, I am aware as a result of being on the financial services committee and the whole series of … hearings we’ve had [that] there are challenges. We want to transfer as much of this back to the private sector as the private sector can take—and without an explicit or implicit government guarantee. But there are constraints to doing that, and we have to be very careful about how we do it. Those are challenges; safeguarding what we are already into is probably the primary challenge. How you do both of those things—I’m really not in a position to comment on at this point."