Replies to post #617175 on Fannie Mae-No Politics (FNMA)

[trunkmonk]

Ps are confused, its actually the opposite, but we all know they have to always, constantly, spin it so that common holders look bad. fact is, this will be easy 30 if it gets done this year. it will be a mess after that Trump or not.

[TRCPA]

Agree on that. Yes, Calabria holds the title of head of FHFA. But we all know how this administration operates. It is top down.

Whatever Trump wants is what Trump gets from his administration. He is not one to have subordinates convince him otherwise. That being said, I dont believe that the GSE's are currently high on his list of things to help him get re-elected.

So I see him trusting Mnuchin as his right arm in this situation, as he and Trump appear to always be in lock step. Therefore the true power in this matter is coming from the Treasury Secretary, as the President's surrogate. And I see Mnuchin as viewing Calabria as an academic pawn to be used as he pleases.

[jog49]

"FHFA is like a mail room. Nothing happens in the mail room."

Certainly nothing has happened of any merit since its formation in 2008 except for its efficiency in pissing away more than $1 billion in taxpayer funds to pay salaries for the wothless bureaucracy. Building another one of those bridges to nowhere!