Replies to post #486314 on Fannie Mae-No Politics (FNMA)

[kthomp19]

Technically, receivership does end conservatorship. According to HERA section 1367(a)(4)(D):

‘(D) RECEIVERSHIP TERMINATES CONSERVATORSHIP- The appointment of the Agency as receiver of a regulated entity under this section shall immediately terminate any conservatorship established for the regulated entity under this title.

Also, this post by Calabria shows that receivership doesn't get rid of the GSEs.

[lumpina]

Again, you are reading and projecting into what someone else says. I don't know very many "reasonable" persons in D.C. And I don't EXPECT any sort of encouraging language from those folks - they are what they are. We are investors and keeping our fingers crossed FOR RESULTS, not just words.

[Donotunderstand]

His language is purposefully vague and politic

He has left himself plenty of space to pivot to multiple solutions - some good for current equity some god awful