Replies to post #794378 on Fannie Mae-No Politics (FNMA)

[EternalPatience]

You see what you want to see

Tough to argue or convince

That's fine. It's past history..

[MoneyRobot]

The TBTF Banks wanted the GSE to fail because that will cover up the bad loans they made which triggered the Financial Crisis. Luckily, like Maiden Lane I, II, and III, the GSE MBS ended up not losing money. AIG had to sell/spinoff their MBS/CDOs but GSE could hold because of being GSEs and eventually benefited from the turn around.

The TBTF banks only wants the FnF book of business if the gov continues to implicitly guarantee them thus giving them GSE attributes. The gov can never do that directly without backlash.

[Donotunderstand]

To believe that DJT said free them and Mnuchin (for his secret reasons) was able to stall

Describe say 3 other such cases of DJT said I want and was stopped by his own cabinet (USA issues not foreign issues)

[Donotunderstand]

Did you read the report that DJT endorsed as his policy?

I provided parts online and the link

That is not an order to free F and F