Replies to post #755594 on Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Can Congress grasp the Necessity of getting the GSES OUT OF THE POLITICAL GRIP OF THE CONSERVATORSHIPS?

Apparently, our representatives aren't acknowledging that the CONSERVATORSHIPS are the PROBLEM NOT whichever political party is in power.

[5bagger]

Well, I defer to Congress!

Where's the chicken? Oh, no chicken?

Love that it say last hearing was July 2022. Prior to that 2 years.

WTF

[Robert from yahoo bd]

"Fifteen years later, Fannie and Freddie
remain under government conservatorship."

"At the end of 2022, the GSEs combined owned or guaranteed
approximately $7.4 trillion in single-family and multifamily mortgages. This amount is over half of
the $13 trillion plus U.S. mortgage market."

"Given the current economic challenges in the
housing market coupled with a host of recent policy changes under Director Thompson, it is
increasingly important that Congress and the American public receive timely updates on the activities
of the GSEs and actions of FHFA."

"Taken as a whole, these actions reflect an
attempt by Director Thompson to use her broad powers to overhaul the housing finance system. "

[navycmdr]

... and nothing about Capital plan

[Donotunderstand]

Thank you

I did not see anything about "exit" or Recap or ?

nothing?

[navycmdr]

Director Sandra Thompson to testify on FHFA oversight before House Financial Services Committee Tuesday - here is the Committee Memo : no discussion about Exit in Memo https://t.co/KRM1wQQ2vo pic.twitter.com/wGSOBEEDj3

— Cmdr Ron Luhmann (@usnavycmdr) May 22, 2023

Her written statement/prepared remarks will be available in the morning $FNMA $fmcc

— FRACTIOUS (@fractious4ever) May 22, 2023