Yuge! “Calabria is a wild card as far as GSE reform goes. He favors ending the GSE conservatorship and returning the sweep to the companies themselves.”
"Calabria is a wild card as far as GSE reform goes."
That says is ALL.. I am very suspicious of what Calabria would actually do, if he hoodwinks the Committee hearings and gets confirmed... I firmly believe he would do what the TBTF banks want and NOT what Mnuchin/Otting Camp wants to do with FnF , which long Shareholderds of FnF want... So Calabria's confirmation is a Death-knell to FnF Shareholders - both Prefferreds & Commons...maybe more detrimental to Commons.
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