Replies to post #606974 on Fannie Mae-No Politics (FNMA)

[navycmdr]

Bingo ! - Why ? Because the GSEs don't BUY GARBAGE LOANS

they ARE the GOLD STANDARD of the MORTGAGE mkt (Solid LOANS)

Why ? ... Because the GOVT hasn't REQUIRED they BUY Garbage LOANS

so .... the GSEs "DON'T NEED" - the YUGE Cash RESERVES that have

been THROWN AROUND if they are STILL PROFITABLE in this CRISIS !!!

[jog49]

So far.

[Potty]

Glossy, agree totally, GSE's performing great in the calamity -- when dust settles in summer and people look back, then FnF showed they can weather storms with the better loans they are backing... Would support RnR narrative and eventually attract new capital.. whether in new pref or new common