Replies to post #412024 on Fannie Mae-No Politics (FNMA)

[capitalismforever]

They can't allow FnF to fail right now because there's been nothing created by congress to replace them. That could change in the future.

[rekcusdo]

"If Watt discussed capital buffer with Mnuchin, wouldn't that suggest that Mnuchin is at the very least ok with strengthening the GSEs before Jan '18 comes? "

Watt said during his testimony that he has not worked with the Treasury yet and has waited to be approached by the Treasury. He also said he would approach the Treasury if, and only if, Congress instructed him to.