Fannie Mae-No Politics (FNMA)

[BigBenWallace]

Bottom line for fnf.... Fhfa is in place to regulate fnf, that is their sole function, without fnf, there is no fhfa.

If the president wanted to eliminate fnf, then why appoint someone new to regulate them, demarco could have wound them down and then fhfa could have closed shop....

That being said, the new guy, will push principal reductions and harp 3.0....... The only firms that can facilitate these programs is fnf, so this talk of wind down is nonsense, complete and utter nonsense....

If you recall, Paulson recently said in an interview with Maria bartormo that the cship was a "timeout".....

Watt is the new referee, and will end this "timeout"....

IMHO