Replies to post #750187 on Fannie Mae-No Politics (FNMA)

[nagoya1]

Drop the donuts and get to work for the GSE shareholders:

"We therefore urge FHFA Director Sandra Thompson and Treasury Secretary Janet Yellen to take immediate action to resolve Treasury’s ownership based on the Preferred Stock Purchase Agreements with the goal of
allowing the GSEs to access the capital markets and to eventually exit conservatorship.

Unless there's a donut substitute, they don't seem in any rush.....I wonder if they can even run if they had to...

FNMA

[Robert from yahoo bd]

I've always been thankful to the ICBA to get us out of jail administratively, but the 'financial establishment' as TH calls them, calls for the US Congress to start handing out government guarantee charters to promote more competition in the MBS market (which is really why we had a financial crisis in 08 to begin with, PLMBS was rated AAA).

MC, SM, SLT, MW, and others keep selling the message US Congress is the Solution while they allegedly 'prepare the GSES for exit from the conservatorships'.

The National Association of Realtors or NAR (represents 1.7 million Realtors) hasn't changed their position either, they are looking for the US Congress to: " It is time for Congress and the administration to
work together to chart a durable course for the finalization of secondary market reform."

https://www.nar.realtor/fannie-mae-freddie-mac-gses/nars-vision-for-housing-finance-reform

The Mortgage Bankers Association maintains: "MBA supports comprehensive legislative reforms that would fix the structural flaws of the GSEs' pre-crisis business models while preserving what works in the market today."

https://www.mba.org/advocacy-and-policy/residential-policy-issues/fannie-mae-and-freddie-mac-policies-and-programs

I believe that these two giant lobbyists can outgun the ICBA any day of the week and would likely have more sway with the major decision makers in the federal government.

[Freddie bagholder]

Lazy sandra already put it in trash can

[bradford86]

take immediate

action to resolve Treasury’s ownership based on the Preferred Stock Purchase Agreements with the goal of

allowing the GSEs to access the capital markets and to eventually exit conservatorship.

----
works for me. very nice!

[EternalPatience]

Only folks who don't get appointment with FHFA and Treasury head and who are shoo shoo Ed away, talk thru press release. He'd she had their ears, it may have been a in person meeting

My 0.45 cents

[EternalPatience]

May be Sandra is also feeling helpless with the PSPA and pushing the pressure thru Rebecca to reignite the fire

Is that possible that Sandra is not getting face time with yellen