Replies to post #725290 on Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Two signatures from the FHFA and UST coupled with a lowering of the 4.5%+ capital requirement would shorten any organic capital rebuild by decades.

But there's nothing like inertia in the federal government.

FHFA has a self interest in being 100% in control of the GSES, especially while the GSES bankroll their entire annual operating budget, they can force the GSES to do whatever they determine to be in the interest of the public it serves, and the POTUS doesn't want to change the status quo.

It would be nice if the federal judiciary grew a pair and righted this horrific overreach by the federal government but that seems less and less likely.

Painful to watch as a shareholder but more importantly as an American who has seen the federal government run roughshod over our property rights.

We'll see what happens.

[JosephS]

Blowing up their capital unless they get lucky and somehow still participate in Lamberth’s court.

Not a recco

This is a disaster down 64% from June 29-June 28(a week after the SCOTUS decision). Ppl were warned.

Not a recco