Replies to post #376564 on Fannie Mae-No Politics (FNMA)

[Lite]

With all we have to go, I'm thinking yes.

Will banks be required to hold a certain amount to cover bad home loans repackaged/pushed to another handler?

If so, this reduces the risk on F&F...

[tcj]

Seriously?! Did you read the op-ed???

[obiterdictum]

So is Duffy a positive or negative for common shareholders ?

It depends on Duffy's response to Trump and his party's currently undefined agenda for Fannie Mae and Freddie Mac.

Duffy is a tough, aggressive, no holds barred, conservative political fighter who stands on certain principles and does not back down. If Duffy comes to clearly understand the broader facts and future impact of the quasi-nationalization of the GSEs as an unconstitutional taking and a violation of the statutes of the HERA and the APA, shareholders will have a indefatigable defender. If not, there is cause for concern since he previously supported unwinding the GSEs along with Reps. Jeb Hensarling and Scott Garrett (no longer in the House) via the Path Act. See: https://duffy.house.gov/media-center/enewsletters/whos-looking-out-for-you

See Duffy in action: