Fannie Mae-No Politics (FNMA)

[Dallas66]

You guys need to read this article...one among many outlining the current situation.

http://www.cbsnews.com/8301-505145_162-57585689/how-much-do-fannie-and-freddie-still-owe-us/

Be mindful of what the current situation is at this point. Has fannie and freddie paid back money owed? not according to the "agreement".

That is why the multitude of lawsuits filed contesting the legality of the "agreement", among a variety of more complex decisions and actions taken by the FEDS.

We are all hoping the law regarding the basic functions of the conservatorship are upheld, and that fannie and Freddie are treated as they should have been from the beginning.

If this happens...indeed we may quickly see the pps move into the double digit range.