Replies to post #209783 on Fannie Mae-No Politics (FNMA)

[andydub]

Wow, Corker, presumably one of the strongest of J-C supporters (my emphasis added) says, "I hope it will happen this year."

[Dollars1]

Corker is a buffoon. GSE's have no capital? How much capital would they have if they were only paying the original outrageous 10% dividends? The senators are supposed to be discussing their markup, but instead he's out there wasting our taxpayer dollars to tell lies and promote his cause to a group of bankers. outrageous!!

[Always wondering]

Excuse to delay C-ship for another x amount of years. Not gonna happen.

"FHFA Stress Test Results: $190 Billion in Future Assistance Might be Needed for Fannie and Freddy."

I'd love to see that math. Looks like that new common core stuff.......

[Donotunderstand]

Senator Corker

Why does the below objective require killing F and F

Your goal - as reported

a markup on the bill that I think takes our country vastly forward, reduces taxpayer risk, takes us from a place where we have no capital at two institutions that are a duopoly and have no competition, to a situation where you have lots of capital and lots of competition.


So F and F as one or two of these well capitalized companies? Why is that not good? Indeed why is that not better then the higher risk approach of killing what worked (with yes a duopoly and unfair lower borrowing cost)

If those in congress and GOV and WH can agree on the above goal - then they would IMO decide to shrink F and F but keep them - if not other reasons then small banks, non originating bundlers, and MORE not less competition

Change the nature sure that makes sense - we know what to fix
But kill them ? Seriously how does that advance the cause when pharsed as above

(I love politicians - they have agreed to agree in the future with compromises yet to be determined)
- kill?