Replies to post #217347 on Fannie Mae-No Politics (FNMA)

[10bambam]

I think that Navy Commander's graphic photo of cranial rectumitis applies to the white house in this situation. There is no cure!!!!

[955]

I've been asking myself this very same question all week. WH statement:

Mr. Watts’s plan won support from the White House. “We applaud the Federal Housing Finance Agency for issuing certainty and clarity on the rules of the road for loans backed by Fannie Mae and Freddie Mac,” said Jay Carney, the White House press secretary, at a press briefing Tuesday. “Today’s announcements represent a meaningful step toward helping more Americans own their home and continued strengthening of the housing market.” A spokeswoman said the White House had not consulted with the Federal Housing Finance Agency on the specifics of Mr. Watt’s plan.

WH leaving an out in backing Watt's stated plan? Again, I just don't trust this administration as they are all about deception.

Let's recap the week thus far:

Tuesday - watt comes out with plans to expand fnf- whitehouse backs it

Thursday - vote gets 13-9 to get through committee - whitehouse backs it

Can someone please explain this to me, PLEASE