Replies to post #852738 on Fannie Mae-No Politics (FNMA)

[Forensics888]

I disagree. I am not looking at the current PPS and thinking anything negative with the Wall Street Exec's dinner last week or our release. I look at that dinner as a hugely positive sign. NY and Nasdaq stock exchange execs at the White house - with Ackman coming out the next day scheduling a proposal for the investing public. Fannie was discussed at that meeting - as we were told.

Either way, I was at the marshmallow party buying these companies when everyone else wanted them to burn. And here we are years later. See you all at the top!

[DCBill]

"Back burner, " is true. Because building housing and lowering mortgage costs are not, yet, a priority for this Administration. And Pulte's juggling of issues, head fakes, and noise, confuse many, and anger others. (See Wall Street Journal today.)
"Next year" always has been the "time frame" for any major GSE initiative.
Talk is cheap and action, much harder, which I why you get so much of the first.
The bizarre thing--and this applied to both recent Administrations--is in removing them from C-Ship and allowing Fannie and Freddie do what they do best, would produce great political bennies for whoever does it.
It's a winner!