Replies to post #251044 on Fannie Mae-No Politics (FNMA)

[rocco2]

that's the problem with sweeping, it is perpetuity. The sand never goes away, you always have to sweep. The blunder/or the intent of the conservatorship of FnF is not having a time line. Bridge banks have a time limit of 5 years, get it done or liquidate. FnF are in a potential permanent nationalization, fancy word for no time line on a conservatorship.
, even when they can show on the books a profit, it's a fed induced do loop. Sweep

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