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jackticker

02/24/15 12:23 AM

#289213 RE: mike_usa #289204

I think it will definitely happen before Obama leaves office. It’s quite easy to understand Obamas objective. His takeover of the two companies has more to do with controlling GSE policy than it does with money. IMO he feels that if released to shareholders, lending restrictions would tighten slowing the housing recovery. I agree. What he did might’ve been unconstitutional but since when did that ever stop past presidents. Obama is both the good guy and the bad guy here but everything he is doing appears to be in favor of preserving Fannie and Freddie and their future place in the housing mortgage market. In the end we, the shareholders, will all make out very well because of him. Republicans despise the GSE’s and would’ve almost certainly dissolved.

I think he’s going to milk the cow for long as possible but make no mistake, they will be released before he leaves office. Could happen tomorrow or closer to two years from now, but I feel certain it will happen.