Replies to post #652780 on Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Is this what's coming amigos?

The clock is ticking, it's time for action.

Do prices sell off until action or at least until we have more clarity?

Uncertainty is rising with Tempers, and along with Expectations.

#BuckleUp

[RumplePigSkin]

Navy, here is the full PSPA amendment decoded in that article:

-- "The real issue is how do you get them out of conservatorship?" he said. "You need to raise third-party capital and you need to retain capital. That’s, to me, the issue."

So the above quote can be broken into two PSPA pieces.

"You need to raise third-party capital ...” You can’t do that if the PSPA is not deemed paid off. So there is the part of the amendment that deems them paid, written down, effectively no longer an impediment to raising capital.

“...you need to retain capital ...” The NWS is cancelled otherwise you can’t retain capital nor can you raise capital with any specter of gov overhang.

Mnuchin has essentially publicly stated the full PSPA amendment will be done.

[5bagger]

Dudes/Dudettes - How much coverage GSEs have before a month ago?

Nil
Nada
Zilch

Now, the WSJ is ALL OVER SM for his responses and actions.

They smell it coming.

He's not tipping the cards.

FHFA employees to stand at the ready?
Is that fake news?

Just saying.

[RickNagra]

Exactly when was this interview ? Any date ? Was this an exclusive interview Mnuchin granted the Wall Shit Journal ? I think not. I think Ackerman used old Mnuchin quotes. Where are the quotation marks ?

Treasury Secretary Steven Mnuchin indicated that he would be unlikely to approve a legal step that would bring Fannie Mae & Freddie Mac closer to ending their government conservatorships before President Trump leaves office, he told the Wall Street Journal in an interview.

[RickNagra]

If this interview truly took place then the Wall Shit Journal would have made a really big deal out of it.

Treasury Secretary Steven Mnuchin indicated that he would be unlikely to approve a legal step that would bring Fannie Mae & Freddie Mac closer to ending their government conservatorships before President Trump leaves office, he told the Wall Street Journal in an interview.