Replies to post #752242 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

My point - my opinion

If the bank to which I owe 100K on a mortgage - decides to RELEASE me of any and all obligations ---- I consider it a done deal. I do not see that release of obligation requiring my consent or my anything

Same with F and F . Clearly FHFA could not change the terms of the arrangement by itself. And a POTUS maybe could or could not. But ---- again - its my opinion - the Treasury could walk away from any need for repayment and declare all obligations paid in full (indeed more cash went that direction if they needed cover) --- and dead. And thus - to me (and it goes against my financial interest) --- it matters not what POTUS could or could not do with FHFA --- as POTUS had all the cards WE NEEDED via Treasury and SM

Just how I think - go back to the mortgage example - or car loan or ?