Replies to post #634986 on Fannie Mae-No Politics (FNMA)

[navycmdr]

Sent GSE Don Layton's article to
Norbert Michael ... :-)

[altruism]

Interesting .. But receivership is what the council is talking about in the context of this article... No laughing matter

" If the council believes that the new capital rule fails to adequately mitigate the risk that Fannie and Freddie pose, they will likely designate the GSEs for special regulations. In laymen’s terms, the council will label Fannie and Freddie systemically important financial institutions (SIFIs)."

https://www.forbes.com/sites/norbertmichel/2020/09/30/financial-stability-oversight-council-warns-of-risks-from-fannie-mae-and-freddie-mac/