Why would the gov wipe out their 79% interest in this company? That would be ignorant. BK is the only way FNMA would be wiped out and that isn't an option since FNMA is quaranteeing billions of dollars of mortgage loans. My opinion only.
“The April forecast reflects the growing realization that 2013 is off to a good start from a GDP perspective, but we expect the stronger-than-expected first quarter pace to slow somewhat in the second quarter,” said Fannie Mae Chief Economist Doug Duncan. “On the downside, tax hikes, sequestration, and the euro-zone crisis still pose significant risks to our forecast, and the fiscal tightening will likely affect consumer spending and other economic activity in coming months. However, the housing recovery continues to broaden and may be more robust than we anticipate, helping to offset fiscal headwinds.”
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