Fannie Mae-No Politics (FNMA)

[jmsbravo]

The Corker Warner has little chance of passing senate let alone the house. Think about it GSEs are writing 60 billion dollar checks which is keeping congress from having to debate on raising the ceiling which is something the republican house hates to see happen again.. Why shut down a cash cow? Fannie and Freddie will be "scrutinized" to prevent future mistakes but they re not going anywhere. Corker wrote this proposal to gain "bipartisan" status and attention that's all... Trust me Fannie and Freddie are not going anywhere. Once this "period o doubt" passes and investors gain confidence... The real valuation based on profitability will put Fannie and Freddie at least at $10 but in reality they should be at around $30