Replies to post #413613 on Fannie Mae-No Politics (FNMA)

[not one red cent ~NORC~]

Glass half empty or half full. Yes they may be used less, but they will still be in business.

Which sounds better than not existing.

[atlanta42]

If they are still in business, thats all we need

[kthomp19]

Under Geither/Lew and the Obama administration, the publicly stated goal was to wind down FnF. It was in the last two (Obama) presidential budgets.

Now Mnuchin has said that he does not want the status quo continued for the rest of Trump's term, that FnF need to be released from government control, that there should be some sort of government backstop, and that private capital needs to be in place to protect taxpayers.

The Trump administration may not be explicitly pro-shareholder, but they are in favor of having FnF continue to exist in a reformed capacity rather than wound down completely. That is a very positive change to me.

[Moeclay]

Profits are profits. Recap, Reform, Release.

Regardless, FnF will still be billion dollar companies.

[Donotunderstand]

Zaadx

the first and most important step - the MASSIVE HUGE MOUNTAIN we need to climb is to have an FF or F and F survive and be owned anywhere from 20-100% by us

until recently there was at least a 70% chance we got zero - wiped out - shut down (said as Wind Down ..)

so first lets have a private F and F survive the REP congress with us as some good size % owner

that is the needed first step

the articles that mention in any semi positive fashion current shareholders AND the articles that assume F and F comes out the other side as private with some portion for us are NEW and NEWER and super positive

the GOLD or Fools Gold will be in the details - but we need the big picture framework to look positive or we lost