Replies to post #431209 on Fannie Mae-No Politics (FNMA)

[sebCS]

Yup, so far Mnuchin is not helping us one bit. FFS Obama's holdover is being more vocal about the need for reform and the soundness of the GSEs. Mnuchin is really giving all the hints of swamp right now. On the other hand, it could be so much worse for us, the administration isn't actively calling for the wind down of FnF like Obama did.

[Steelhead9]

Mel gave as much as HE can given the opposition from Mnuchin

recall what the Senator asked and that Mel deflected it but did not deny that Mnuchin is against us ... the Senator is right

My guess is Watt has met with Mnuchin and go nowhere

So today Watt said - if (when?) I act it is not because of A or B or C bad or political reasons it is because I am the Conservator

Donotunderstand ... I am still trying to believe that Mnuchin meant the things that he said which drove shares up to $5.00. So I ask myself, "What if he'd taken his post and made the move in one week?"

Wouldn't Corker or Hensarling have extended the congressional obstruction to Mnuchin changing or dismissing the warrants beyond January of 2018?

Can this all be "stagecraft"? Mnuchin appearing to be an impediment to poor Watt who desperately wants to build capital. Wouldn't this possibly lull the opponents into a sense of security that might keep them from extending the prohibitive portions of the Jumpstart GSE debacle?

Believe me, I am not a Trump fan and I find myself agreeing with almost all of your speculation, but I see my scenario as a possibility and in fact, as the EXACT path you would take if part of your goal were to reduce the negative impact of the warrants on shareholders.

Your thoughts?