Fannie Mae-No Politics (FNMA)

[Sogo]

Im long but to answer this question is easy, I think. The corker bill, when boiled down, simply replaces the GSEs with a new entity that does the same thing, but is backed a little differently (by their donors' interests of course). So, even if the fnma model is the only one that will work, that doesn't mean that the reform bills are actually proposing anything necessarily radically different. They just want to take this opportunity to shove the GSEs Out of the picture and replace them with a new entity that does essentially the same thing. Smoke And mirrors; DC's most often used tools. So yes this model might be what's best and everyone knows it. But that might not stop DC from transferring this model to a new entity, unfortunately. I have simplified corker's bill here to try to explain my perspective. I do know his bill is different than the current model in some significant ways.