Replies to post #376569 on Fannie Mae-No Politics (FNMA)

[obiterdictum]

The editorial is a perfect summation of what we face from the anti FnF crowd. When you look at the members of the senate finance committee and the banking, housing and urban affairs committee, it is striking how many are against FnF. We had all better hope that Mnuchin's comments:

"Absolutely. We gotta get Fannie and Freddie out of government ownership. It makes no sense that these are owned by the government and have been controlled by the government for as long as they have. In many cases this displaces private lending in the mortgage markets and we need these entities that will be safe; so let me just be clear we’ll make sure that when they’re restructured they’re absolutely safe and they don’t get taken over again but we gotta get them out of government control.”

don't mean what many members equate with "out of government ownership/control".

Yes. Some factors blocking the share price from channeling at $10-12 presently is the uncertainty about Mnuchin's confirmation, the new administration's actual, on the ground plan of the for the GSEs and the marching orders for the DOJ.

[Donotunderstand]

tcj

believe for just a moment - ok? - that Republicans have hated the FDR Fannie Mae for 40 years

Then look at the committee and understand where our fiends might come from

and its free market reps plus dems for a regulated private utility called F and F

constructed without much dilution it will be a gold mine for us and serve the nation super well

some coalition of reps and dems can bring that together as 90% of DEMS will vote for a healthy F and F if it supports the middle class working population