Replies to post #628056 on Fannie Mae (FNMA)

[Robert from yahoo bd]

All great points! The government purposely hobbled these financial guarantors for OVER 8 years, they will need to be COOPERATIVE going forward to make this work, NOT COMBATIVE!

Uncle Sug gains the following by being COOPERATIVE:

(1) Helps the average American keep their financed housing costs as low as possible.

(2) The Federal Reserve will be able to more effectively utilize GSEs' MBS for their Monetary Policy Goals.

(3) NOT 1 THIN DIME IS PUT ON THE US GOVERNMENTS BALANCE SHEET!

(4) The US GOVERNMENT is in essence, leveraging $5T to $6T in American mortgages, WITH PRIVATE CAPITAL IN A 1ST LOSS POSITION.

[401kobessive]

I pretty certain this is gonna try to be spun politically in the end.
Think Obama sweeps.
Where did the money go?

We may have been part of a huge conspiracy theory that is currently unfolding.

buckle up...i think we will know for sure by the election.

Iran just got bf on sanctions.


Timing is everything.

[TRCPA]

Agree, sounds like a good common sense approach to me, in the absence of the following possible changes....

1) How comments affect Calabria's capital standards

2) SCOTUS hearing and decision