Replies to post #658458 on Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Haha, its good to have some humor in life and we shouldn't really let these downturns in the stock price get the best of us!

I think I was reading TH the other day, and he seemed to be of the opinion that the sky is not falling as it relates to the incoming JB administration. Remember, JB has been in the rodeo a LONG TIME, due to his age is relatively more conservative than the far left liberals in the party, and even Jim Parrot may realize the benefit to the government, the Secondary Mortgage Market, and homeowners of the benefits of putting the gses back to where they were prior to the 12+ year "conservatorship".

While I think it is very unlikely that JB keeps MC, you never know, as JB has said he wants to create "Unity" and maybe keeping MC in place might help all the players involved with the Secondary Mortgage Market. But with a D controlled Congress he will have zero resistance to getting whomever he wants as the head of FHFA.

The window for SM to act is closing rapidly and it looks like he doesn't really give a chit!