Replies to post #478073 on Fannie Mae-No Politics (FNMA)

[whipstick]

again your lack of knowing how this market works makes your argument terrible.

[RickNagra]

That makes absolutely no sense at all. Have you been drinking ?

[bcde]

". It is a specifically stated goal of Treasury, and they will be in the driver's seat throughout this process.
"

Treasury is not just "one person" deciding on such a important matter. Besides this requires passing an amendment to GSE act in house, senate and signature of potus.

Probably Big banks will benefit in a big way but what about small lenders serving rural communities.

[bcde]

"Treasury will basically be choosing the next FHFA director, so that person won't stand in the way. "

kthomp19,

Presidents nominates FHFA Director and it requires confirmation by senate.
FHFA is a independent agency.