Replies to post #469080 on Fannie Mae-No Politics (FNMA)

[lumpina]

No one on this board can explain that. Only Munchin can and he won't (he doesn't NEED to).

[Release us]

Because they'll have more flexibility after the election. Oh wait, who said that?

The GSE's can be a toxic subject in DC. Any move now would cause a lot of finger pointing and claims of Trump doing favors for his rich hedge fund buddies.

After the midterms. Mnuchin and Mulvaney (FHFA acting director) are going to roil the markets$$

Can someone explain why Munchin & FAHA needs to wait until after mid-term elections to get FNF out of conservatorship ?

[Pecker9Wood]

I don't see the need too wait. I am thinking FHFA will be changing guard sooner then later as I don't believe Mel will make it too the mid term elections. I am curious as too whom will use his allegations as a tools. Too hot too touch, too hot too over look.

[contrarian bull]

Can someone explain why Munchin & FAHA needs to wait until after mid-term elections to get FNF out of conservatorship ?

Because that is what is coming up next. After the election we will have to wait until the new congress is seated. Then we will need to wait until the next budget is approved. After that we will have to wait until the new FHFA director is seated. Then we will have to wait until after the debt limit is increased. After that we will have to wait for summer recess. Then we have to wait until the next continuing resolution is passed. Then we have to wait for the year-end break. Then we have to wait until the following year's budget is passed, another break... then we will have to wait until after the next general election.

Now it will be the end of a full 4 year cycle. The excuses will then circle back so just repeat the reason for the delays in 2017-2020 again for 2021-2024.

This isn't really hard to predict or understand.