Replies to post #645622 on Fannie Mae-No Politics (FNMA)

[montecristo]

Ending conservatorship would diminish other banks mortgage departments.

[stockprofitter]

Fnma Some / most of the journalists are dumb. They often get 50% of the articles right and certainly do not have degrees in economics or political science to ensure they get it all right. There is little to no risk in cancelling SPSA and cancelling warrants or exiting conservatorship ASAP for that matter. Companies have $200 Billion untapped LOC ( line of credit )

Exiting cship would install some confidence in the people that says , hey it’s safe to buy a home.

$200B UNTAPPED line of credit.

$200B UNTAPPED line of credit.

Is an IPO needed??

Answer: nope

[Donotunderstand]

for sure both parties (think Bush and Clinton) argue that everyone should own or strive to own a house/home

and I think there is some logic/truth to that for most people


at same time - IMO - what can roil the housing market is the absence of a guarantee - be it explicit (as now) or implicit (as before the curtain was moved over)

put in a guarantee and then I agree 110%

so what do we need for a guarantee ?

some level of capital (say 50% of what Calabria says)
and some form of regulated PRIVATE utility model with ROI set at say 8% and part of the objective/mission helping working America buy homes (at some level of risk - somehow measured)

boom