Replies to post #262753 on Fannie Mae-No Politics (FNMA)

[cfljmljfl]

That platform belongs to shareholders. Represents intellectual property ( program and data).
Another thieft. Until we recieve official acknowledgement and shares, they have stolen.

[Mikey Mike]

...Watt has explicitly said that he considers himself responsible to taxpayers, not shareholders.

To be concerned of one and not the other would be an irresponsible action since the regulator is responsible of the GSE's and the GSE's have shareholders...in order to have a conclusion that will provide a sound and solvent solution for the GSE's...one has to consider all posibilities, outcomes and stakeholders (including shareholders)...just because one is turning a blind eye...doesn't make the issue go away...ignorance can come back and haunt with a vengeance...

[JJ8]

Interesting view/interpretation on the unfolding of this complex matter. I find more important to form my own opinion and follow what Watt's says and does and what's being planned. At his appearance at the Brookings Institution he ended his talk with this brief 'conclusion':

"In releasing FHFA's 2014 Strategic Plan, my goal today has been to provide a clear sense of direction for the Enterprises' ongoing conservatorships. Imprementing these objectives will require ongoing analysis, evaluation and input. FHFA will proceed with these steps in a transparent way that incorporates the feedback of the public and stakeholder groups whenever possible.

One example of this approach is our upcoming Request for Input on the guarantee fees charged by Fannie Mae and Freddie Mac, which we will release very soon. As many of you know, I issued a directive to the Enterprises that they delay the guarantee fee increase announced in December of last year. In our Request for Input, we will pose a number of questions the agency is considering, and we solicit and encourage your feedback. We'll review your responses and announce a decision later this year that is consistent with the goals that we have outlined in our Strategic Plan."

First, I like Watt's approach. Having said that... the many articles happen to be views of the authors who come from different backgrounds and interests. Imo, the more reliable sources to follow are found at the websites of the U.S. Dept of the Treasury, FHFA, FnFs, etc. It seems easier to me to have that information as background in order to see what the article published is trying to convey.

PS: Last post for today