Replies to post #467176 on Fannie Mae-No Politics (FNMA)

[YanksGhost]

Thanks. Here is what Ed Pinto presented in the very same meeting:

https://www.aei.org/wp-content/uploads/2018/07/July-12-final-ppt-for-aei.org_.pdf

[kthomp19]

GSE's Backed by $250 billion in capital--per Stegman

Stegman isn't stupid. He does have an ax to grind though.

The $250B is NOT capital and he knows it. The idea that it is fits the "kill or at least neuter Fannie and Freddie" narrative that he is desparate to continue.