Rest assured, politics is involved in Fannie and Freddie remaining in conservatorships because the big banks and big lenders want it to be that way. There was never any threat of the GSEs sucking the U.S. Treasury dry of taxpayers' money. It was the fact that both entities would get financially healthy again and those with their eyes on those books of business would not be able to take them over. Congress has been more than happy to oblige that intent.