Replies to post #430656 on Fannie Mae-No Politics (FNMA)

[cooler_heads]

https://financialservices.house.gov/uploadedfiles/100317_fc_memo.pdf

The purpose of this hearing is to receive an update from the Federal Housing Finance Agency (“FHFA”) on:
(1) measures the FHFA has taken as the conservator of Fannie Mae and Freddie Mac;
(2) the FHFA’s current Strategic Plan for Fannie Mae and Freddie Mac;
(3) the current financial condition of Fannie Mae, Freddie Mac and the Federal Home Loan Banks (“FHLBs”);
(4) the current state of private sector participation in the housing finance market;
(5) whether adequate steps are being taken to encourage additional private capital in this market;
(6) additional actions the FHFA has taken as regulator of Fannie Mae, Freddie Mac and the FHLBs; and
(7) the Director’s views on housing finance reform.

[bcde]

Mel's bottom will be on hot fire for all the wrong things he has done so far as a Conservator. Especially egregious ones are the court filings to defend all the wrong things wall street cronies at FHFA and Tsy have done.