Replies to post #344559 on Fannie Mae (FNMA)

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Not in the least. Gov has fleeced the very securities investors that PROVIDE NEARLY TWO THIRDS OF HOUSING CREDIT that keeps the American economic engine afloat. More importantly, now Gov expects us to come flocking back in to buy up the very Mortgage Backed Securities (MBS) that F&F are dumping to reduce their risk. LOL!!! Never bite the hand that feeds you!

Most Community Banks have previously written down there preferred stock therefore it should not affect their finances to me that's a weird statement who can 100% make a prediction like that how does the gov know for sure whos finanaces are negativly effected or not and if so isnt that the same thing as predetermining the winners and looser. Who is that fair too? And if their in essence picking community banks to not be harmed to bad it demonstrates a lack of commitment to their own duty to protect and serve us as citizens am i over thinking that?