Replies to post #354593 on Fannie Mae-No Politics (FNMA)

[rekcusdo]

"Your conclusions are unsupported by any facts."
"And, no, my opinions are not fact based, either, so save your usual prosaic objection."

This is a good debate tactic where you attempt to debunk me, then give a dozen reasons why I'm wrong, then preempt me debunking you by debunking yourself! lol

As you said, your conclusions are unsupported by any facts as well! Right now, all we have is speculation since none of us actually work for the Government responsible for making these decisions.

What we DO know is that no one has ever, at any time, even once, mentioned a potential wind up or receivership of the company. At least, not anyone with any power to back it up.

[Letgoofmyfannie]

What blew up the housing market was not affordable housing initiatives. It was greed pushing mortgage financing to new heights of chicanery to pad banker bonuses to unprecedented levels, right alongside the bonus rewards of executives at both Fannie Mae and Freddie Mac. Regulation was way too lax across all parts of the mortgage landscape.