“15 years of conservatorships and no one's complaining except 10,000+ Shareholders”
Robert, the Best quote above! It summed up the last 15+ years! Hence why nobody cares. From the media, judges and those in charge! Status quo for the CONs with this cash cow!
Trying to be positive here. As previously discussed, the fix has always been in! Case after case.
Thank You once again for your reporting! We shall find out soon!
For a new Rep Administration, however, there would be an even greater incentive (according to the Parrot paper) to release FnF. The new GSE boards could push yields (ROE) up to 14% by further increasing G-fees. Costs would plummet because the FHFA overhead would be reduced. That would be welcomed by the (new) private FnF investors because they get higher dividends. But also Wall Street's TBTF banks would be pleased because FnF would become less fierce competitors. The differences between the primary and secondary mortgage markets would narrow significantly.
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