Replies to post #757591 on Fannie Mae-No Politics (FNMA)

[Wise Man]

Jared Bernstein advocates for the Option 3 in the 2011 UST-HUD Housing Finance Privatized System revamp, submitted to Congress as "recommendations on ending the Conservatorships no later than January 31, 2011", at the request of the Dodd-Frank law.
An option that required "stringent capital requirements" (Basel framework) ahead of this Government Catastrophic-Loss Reinsurance, that kicks off when the private guarantors file for bankruptcy (Capital ratio depleted)
15 years in the making.

#Fanniegate villain Glen posts a Bernstein's quote w/o realizing that it's option 3 in the 2011 UST-HUD Housing Privatized Sys plan(Govt Catastrophic-Loss Reinsurance) already priced @ 9.375bps, as "recommendations on ending the Conservtrshp" at the request of the Dodd-Frank law. pic.twitter.com/YYzkkkJlRg

— Conservatives against Trump (@CarlosVignote) June 11, 2023