Replies to post #720130 on Fannie Mae-No Politics (FNMA)

[altruism]

So you can see Fannie and Freddie are to big to fail and to big to put into receivership… holding trillions in secured mortgages where do you liquidate them too? So what do you do? Create a paradox an eternal limbo .. thus the birth of the liquidation preference… and eternal limbo for Fannie and Freddie