Replies to post #745695 on Fannie Mae (FNMA)

[Robert from yahoo bd]

Like almost all politicians, they are just throwing red meat to their targeted voters.

That's what's so scary about FHFA wearing 2 hats here. One as the 100% in control Conservator of Fannie Mae and Freddie Mac Operations and second as their Regulator.

Especially troublesome is their ability to self fund from the balance sheets of the GSES, IN PERPETUITY. The only constraint in HERA is that the operating budget of FHFA has to be "reasonable".

So how does this twisted situation end?