Replies to post #599391 on Fannie Mae-No Politics (FNMA)

[cooler_heads]

If this goes longer than 8 weeks and with unemployment where it is heading, the backstop may not be enough.

[RCChristian]

so receivership and who exactly will take over the mbs liquidity market? private sector? then next mortgage crash private banks gets bailout ?

i don’t think receivership helps economy. i think this will prove that the NWS did not allow the GSEs to withstand and help ease the recession. that proves that the GSEs needs to be privatized asap with 80bill capital and congress needs to make it happen.

[bcde]

"Smart people understand what's happening receivership"

Not only that is what WS and Dems want but they also want no more of Trump.

Trump is smarter than that. If you watch Trump talking on TV, he is clearly not thrilled with Corona syndrome but trying to be politically correct in the current situation.

LOL, The most hated deep state has snatched the control from Trump and managing Trump on what to do. Deep state has almost undone what Trump accomplished in last 3.5 years.

It will take just few more days before Trump gets back his control over the over blown corona syndrome.

Receivership will never happen. It did not happen during worst 2008 financial crisis and it did not happen even after 11 years under the administration of FnF haters. How can it happen under administration that wants to end conservatorship?