Replies to post #386988 on Fannie Mae-No Politics (FNMA)

[955]

The government's argument was that these entities should no longer be in anyway held by the private sector, as it was the irresponsibility of the private sector that drove them into conservatorship to begin with.

http://seekingalpha.com/article/4045788-fannie-mae-earnings-mnuchin-confirmed-get-surprise


OH YEAH???

Finger-pointing in Washington is endemic when problems occur, and agencies and individuals are constantly trying to find scapegoats for their own bad decisions, but HUD’s effort to blame Fannie and Freddie for the decline in underwriting standards sets a new standard for running from responsibility.

https://www.gpo.gov/fdsys/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf

Fannie Mae Earnings: With Mnuchin Confirmed, Could We Get A Surprise? $FNMA
http://www.seekingalpha.com/article/4045788