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Thursday, January 16, 2014 6:19:10 PM
we have a new draft definition of wind down
reduce market share to 30%
eliminate any unique relationship with the Government
and sell it (whatever that means)
so FNMA in this proposal - which will be one of dozens - becomes a new company - not to hold more then 30% share of the MBS market and guarantee market - as the guarantee market will be private plus GNMA as I read it - on the 95% not private
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