Replies to post #369001 on Fannie Mae-No Politics (FNMA)

[Blushing green]

Joe Light works for bloomberg.... and that's all i'll say about that.

[Zmarzz]

By all acounts DB is the verge of insolvency! They are in even worse condition than FnF. In fact, I was thinking that perhaps FnF could buy them out. I'm not aware that it is possible to get a 30 year mortgage in Germany.

[Donotunderstand]

Government utility model is the best compromise

To think of 5-10 Trillion of housing related debt not having some form of GOV guarantee is beyond frightening

Yet - most of the risk needs to be private as with a private company and its equity holders and its private bond investors and with .......... a company that shares risk with various risk sharing products

But it can not be done by the GOV 100%

And - to the extent the F and F are to push out some amount of GOV desired activity - they need the "financial support" a regulated government utility provides

I do not see it as a monopoly --- others should get a form of GOV support but if this company - Fannie Mae II - is to have some elements of GSE obligation it deserves a quid pro quo advantage

Regulating to make sure there is enough money to keep going but the GOV support of F does not allow for monopoloy of oligopoly IMO is needed

[whipstick]

If anyone cares I'm reading this note right now

[AncientAries]

Fake MSM news, why does anyone watch them anymore is beyond me.