Replies to post #407923 on Fannie Mae-No Politics (FNMA)

[jarenawer]

Investors Unite:

As future quarters remove any question about whether the GSEs have paid taxpayers back and are operating profitably it will be harder to justify the deliberate plundering of their remaining capital reserves. This could be catalyst for Secretary Mnuchin to encourage FHFA Director Mel Watt to use his authority provided by HERA to end the Sweep.

[955]

Watt CAN end NWS. Watt has the authority as provided by HERA. Investors Unite disagrees with you. Mnuchin only "encourages" which raises another red flag as cited in Sweeney's court. Is the "independent" FHFA Gov agency taking direction from another Gov agency?

As future quarters remove any question about whether the GSEs have paid taxpayers back and are operating profitably it will be harder to justify the deliberate plundering of their remaining capital reserves. This could be catalyst for Secretary Mnuchin to encourage FHFA Director Mel Watt to use his authority provided by HERA to end the Sweep.

http://www.valuewalk.com/2017/05/fannie-mae-government-paid-back/