Replies to post #554740 on Fannie Mae-No Politics (FNMA)

[stoxjock]

Exactly...Agree with everything....Great post summarizing the Current state of things...

[GZGZGZ]

I mostly agree

but not so pessimistic as to the inevitable outcome.

Politicians or both parties can't be trusted and will do anything possible to keep the GSEs hobbled.

So, the 5th circuit en banc was a great opinion that will not be contested by the Treasury or the FHFA to SCOTUS. That court's decision was vital

I agree with your comment on Trump, too. He'll do whatever it takes and throw anything or anyone under the bus to get re-elected.

Mnuchin hasn't the backbone to support what is just and correct, and so he will go with politics to a large extend.

However, if the case goes to trial in Sweeney's court, the jig is totally up for Treasury & FHFA.