Replies to post #807249 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

implicit is vapor - ghost

are you saying - that like the 10 TBF institutions - the market will assume a GOV intervention ?

IMO - hard to go back to that implicit guarantee as pre HERA ---- people sort of thought Fannie was just an AGENCY owned by equity

Now with HERA and the TAKING --- debt holders maybe are a bit ok --- but equity holders beware ?