Replies to post #557302 on Fannie Mae-No Politics (FNMA)

[altruism]

...From the fees and reduced market share... I instantly thought they were setting them up so they'd have to be nationalized (knee jerk reaction ...can't be that they want them free...). It felt like they were intentionally making it hard on them to be released and profitable...

[10bambam]

Well....good morning to you too. I think I will go hurl up my breakfast now. At the same time, all of that went right over my head yesterday. Thank you. It is best to be informed.
go fnf blah

[GZGZGZ]

many ppl also agree

with that assessment

[bcde]

"Then Mnuchin responded to a question on how he expected taxpayers to be reimbursed for ongoing GSE support with a specific reference to periodic commitment fees which were recently estimated to be in the area of $7-9 B. These fees were suspended under the Third Amendment."

One has to be a very big clown to demand commitment fees after robbing FnF of all their capital and expecting FnF to fulfill Gov social mandates for free.

Probably Shareholders can sue Gov for regulatory taking under Gov social mandates.

SM is acting like a spoiled brat grown up in a insular wall street world. It is better for all if Trump gets rid of these wall street brats.