Replies to post #435215 on Fannie Mae-No Politics (FNMA)

[955]

A breath of fresh air for sure.

OK this is connections for big News today :

1 . Trump Is Expected to Name Jerome Powell as Next Fed Chairman

https://www.nytimes.com/2017/10/30/us/politics/trump-fed-jerome-powell.html

2 . Fed’s Jerome Powell calls housing finance system “unsustainable”
Echoes calls for private investment in Fannie and Freddie

Federal Reserve governor Jerome Powell joined the growing chorus of those who want to see private capital invested in Fannie Mae and Freddie Mac, as lawmakers work to pull the mortgage firms out of government conservatorship.

https://therealdeal.com/2017/07/07/feds-jerome-powell-calls-housing-finance-system-unsustainable/

1 + 2 = ??? Good luck!!!

[Donotunderstand]

Does his new capital replace us or just dilute us?