Replies to post #771041 on Fannie Mae-No Politics (FNMA)

[LuLeVan]

Please explain to me how two critically undercapitalized (CET1) firms in conservatorship could even dream of making "investments"? And to make matters worse, using their own MBS (cluster risk) to do so? And all this only because the Fed wants to "officially" reduce its more than decade-long manipulation of the yield curve (long end) with quantitative tightening - so as not to completely lose credibility.

FnF would once again be hijacked for politics! Sandra Thompson's charitable distributions from scarce corporate capital, which are actually a government function, have already caused angry protests:

Jim Jordan on $FNMA $FMCC (in 2011) pic.twitter.com/JFkWRfgeK1

— Jarndyce Jarndyce (@JarndyceJ) October 13, 2023

Needless to say, your JPM stuff is not relevant (off-topic) to FnF.

you reply insisting on your mistake, ignoring the difference between an investment for their Investment Portfolios