Replies to post #28013 on Fannie Mae-No Politics (FNMA)

[Cash47873]

Well I'm pretty sure that it can't be forced on the private sector for starters.
what suitors would be encouraged to want to solicit this considering there is no guide to how it will operate?
Who is willing to make a bid when the gov seems to just make up the rules without warning as it suits their interest?
This is grand theft on a grand scale

[rekcusdo]

Privatize means take out of governmental control.

As for if GSEs can be privatized, of course they can...theyve been private since they were created other than the last 5 years.

The government just doesnt have faith that what happened in 2008 wont happen again. I say...its worth the risk.