Replies to post #508922 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

and

lets look at PPS now

lets look at recent action

I see nothing in such price action recently that cheers his moving closer and closer to sitting in the seat

why is that ?

[Potty]

We disagree about NWS -- I think Calabria is LEGALLY REQUIRED to overturn the NWS. And I think Calabria takes himself as FHFA to be legally required to do so...

I think Calabria has a mandate to overturn the NWS -- his appointment involves swearing an oath to uphold the law and constitution. So he has to do what he takes the law to require... so the NWS has to go.

As I said, going to be interesting for him.