Replies to post #3903 on Fannie Mae Preferred S (FNMAS)

[jwnoble3]

Exactly right. Are we really gonna hand this over to the private banks in the wake of the destruction they brought the US to in 2008?

I like reuters addition-

"However, with Congress focused on budget debates and with immigration and gun control top priorities, action on housing is not likely to come until at least 2014. After years of red ink, Fannie Mae and Freddie Mac are now profitable and the housing market is recovering, taking away the urgency for action."

http://www.reuters.com/article/2013/02/25/usa-housing-finance-idUSL1N0BP2MN20130225?feedType=RSS&feedName=marketsNews&rpc=43