Replies to post #209195 on Fannie Mae-No Politics (FNMA)

[stockprofitter]

Just in from "The STREET"

Though passage of the legislation out of the committee requires just 12 votes, analysts believe it will require at least 15 to force a vote by the full Senate. Even then, then likelihood of passage in the House appears slim, and the GSE's increasingly look like they could survive despite widespread calls from President Obama and many officials in both parties to wind them down. "It is increasingly likely the debate over the mortgage finance system lasts into 2017," contends a report from LBW analyst Brian Gardner Tuesday. "By then there may be no political benefit from replacing the GSE's with a new mortgage finance system