Replies to post #58659 on Fannie Mae-No Politics (FNMA)

[StockDuJout]

This is a year old gumshoe

[~ Blue ~]

that is old, plus is there any alternative of FNMA AND ITS SIBLING SHOW ME.. PRIVATE BUSINESS WALKED AWAY FROM THE MORTGAGE INSURANCE BUSINESS IN 2008.

[obiterdictum]

These facts matter more...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88689921

[Mr Pennypacker]

8/17/12, before records profits. No doubt Washington has much more to think about now..,

[HGG]

You are right, facts matter, however, the congress is the only one that can make the final decision whether they want to wind them down or not, and they most likely won't do it, it will tank the economy. Here is a link of the actual conservatorship definition in regards with F&F. Your shares do have market value!



http://www.treasury.gov/press-center/press-releases/Documents/fhfa_consrv_faq_090708.pdf

[scott1966]

Q: What happens if the Company is liquidated?
A: Under a conservatorship, the Company is not liquidated.
Q: Can the Conservator determine to liquidate the Company?
A: The Conservator cannot make a determination to liquidate the Company, although, short of that, the Conservator has the authority to run the company in whatever way will best achieve the Conservator’s goals (discussed above). However, assuming a statutory ground exists and the Director of FHFA determines that the financial condition of the company requires it, the Director does have the discretion to place any regulated entity, including the Company, into receivership. Receivership is a statutory process for.

There it is in black and white.