Replies to post #639975 on Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Everything is on the table! Even SPS Cramdown.

This is why Commons are getting very weak and JPS are gaining strength.

Commons don't have a leg left to stand on. They will go where Treasury/FHFA want them.

No Bueno Amigos :-(

[skeptic7]

Calabria is a clock watcher collecting a check. Mnuchin is the one that I fear more, but because Calabria by his omission of the facts regarding how the GSE's came to be under capitalized, as does every one in Congress, makes this a snake-bit operation any way you slice it. Every person involved in Treasury, FHFA, Congress, etc. never acknowledges the NWS and the taking of $300 billion of profit from them yet still rants about them being a "taxpayer Risk".