Replies to post #688407 on Fannie Mae-No Politics (FNMA)

[tutt1126]

Boom
I believe he talked about the need to reform secondary mortgage market.

[PennMilitia]

Catman out of his hiding place to-make-a-statement

Yea right...Should’ve...Would’ve...Could’ve

He had the opportunity and blew it big time.

[Robert from yahoo bd]

Guido, you find great stuff!

[Louie_Louie]

Oh man, the response thread on that is right on. The government has succeeded in putting itself between a rock and a hard place, lmao.

No business will take up a charter nor any billionaires in their right mind. That also goes for raising needed capital for FandF. The true believers in the companies are already invested and the business world sees with eyes wide open the corruption and mishandling of this for 13 frick'n years.

The only thing I think government can do to stimulate any interest in the twins or hopes of a competitor is to go on national TV and come clean with an honest mea culpa. Right now their word is garbage, their honor is shyt stained and their business acumen is a cluster fuk.

[Clark6290]

Problem is that the fired and disgraced Mark did nothing for the GSEs. His Tweets are now meaningless.

[EternalPatience]

So now it's not a personal accT where you talk about limoncellos and cats?? But you talk abt work.

[Donotunderstand]

I care not what Calabria said

I care where is Uncle Joe going

More competition (not nationalization) was the argument from BO - and BO felt such competition in the MBS world - likely needed F and F to disappear (a bad opinion - wrong - but seems to be his thought - as part of more competition --- total replacement of 2 companies with say 10-12 needs the two to disappear)

Is that where Uncle Joe goes in the world of housing finance liquidity ? For there to be competition F and F must "go"

or

Follow an easier and more logical to me path where the lower income side acts sort of separate from the other side (per articles - in part financed by the WTs) ---- and yes restrict somewhat and make utility and regulate the GSE and GSE ---- but they continue on - say 20% owned by us and worth 10-15-20 a share

I have no idea - none --- but the action Calabria refers to is the one the NYT wrote on page one (far left column - #2 overall spot) -- where it compared actions like this - executive actions - to DJT similar actions -- to try and foster private market competition

[Robert from yahoo bd]

The replies to MC'S tweet, just keep coming! Great response tweets!

Finally someone endorses my call to give #FHFA chartering authority, bringing need competition to our secondary mortgage market pic.twitter.com/aSY1VTnXV0

— Mark Calabria (@MarkCalabria) July 9, 2021