Replies to post #32094 on Fannie Mae-No Politics (FNMA)

[bulldozer_2013]

1 in 175,223,510 are the odds to win Powerball. 1 in 1 are the odds that FNMA went up 65% in the last 8 trading days. Looks like FNMA gets the edge.

[955]

There is a reason the government insisted on preferred FNMA shares as they are much higher on the totem pole if and when it ever comes to settlements. Commons on the other hand are left in the dirt.

[GreenWizard]

Please give some valid grounds before you conclude such a wrong way.

[Cash47873]

This is my letter to all my reps: what do you do other than complain?

I am writing you today to implore you to stop the witch hunt of Fannie Mae and Freddie Mac. I am attaching two articles that in addition to the record profits that they are providing to offset the national debt prove beyond a shadow of a doubt that Fannie and Freddie not only are sound and performing enterprises but that historically they have out performed their peers in the private sector and with less annual losses. They need to be released from conservatorship immediately as c-ship is for restructuring or dismantling of a company in bankruptcy which neither f and f are. In fact the $60 billion dollars they are sending the treasury is testament to this fact. There is another $200 billion in bank awards being sought in federal court that also proves they were not at fault.
Fannie Mae and Freddie Mac as a GSE provide a solid structure for home ownership in America. Release them from c ship and stop the larceny and the c ship now.

Here are 1800 reasons for you to consider.

http://www.americanbanker.com/bankthink/gse-critics-ignore-loan-performance-1059187-1.html?zkPrintable=1&nopagination=1

Can you say outperformed? Can you say losses during crisis years were commensurate across the board?