Replies to post #557864 on Fannie Mae-No Politics (FNMA)

[action8101]

“Outstanding preferred”? Are they referring to senior prefs?

[TLIPK5269]

The fee they are speaking of is for the MBS Market to feel comfortable buying the paper from Fannie and Freddie the fee will pay for the Implicit OR Explicit Guarantee. What ever they decide to call it . WHICH MEANS the government will be there if needed in a financial catastrophe like in 2008... that's why the Senators AND CONGRESSMAN DISLIKE The GSE now and in the past BeCAUSE IT WAS ALWAYS IMPLIED THAT THEY ARE to big to fail... So if they pay a fee then congress may digest it much easier that FANNIE AND Freddie are going to be back in Business In My Opinion...